Pasadena, CA — With the economy quickly tumbling into a downward spiral, retail sales took a 0.6% drop last month despite the 0.4% increase in January, according to the Department of Commerce.
The hit does not indicate that consumers have fallen completely off the radar, experts say, but it does foreshadow deeper decline.
So far in 2008 it is estimated that 85,000 jobs have been cut throughout the U.S., bringing the unemployment claim rate to more than 350,000. Though experts say those numbers do not indicate a definite recession yet, again, they suggest the economy is headed in that direction.
With the housing slump plummeting deeper, the credit crunch tightening, and the cost of food and energy skyrocketing, consumer financial pressures have led to a dramatic drop in spending on apparel, sporting goods, and general merchandise. In addition, oil is approaching $110 per barrel, which also discourages consumers from making any large-scale purchases.
Furniture sales declined for a seventh consecutive month to 0.5%, with sales of building materials falling 0.7%. Electronics sales fell 0.4%, their third fall in a row.
Motor vehicle sales dropped sharply by 1.9%, and as a result automakers’ January-February U.S. sales reflected the worst two-month selling rate in a decade.
About SellingCrossing:
SellingCrossing is an affiliate of EmploymentScape. Established in 2000, EmploymentScape has been helping job seekers find employment for more than seven years. Today, EmploymentScape has grown into an international, multimillion-dollar affiliation of more than 15 profitable companies and 300 enthusiastic employees.
Regional Manager - (Phoenix, AZ) United States-MA-Methuen
Regional Manager - (Phoenix, AZ)
Do you have what it takes to build a regional sales team?
Does coaching a team in a dynamic industry excite you? Y...
The city of Denver is among the largest cities in the Midwest. This means there is a significant population in the city that can be drawn upon for the purpose of selling and marketing products or services.
I feel that everything on EmploymentCrossing is so attractive to the users. Advance search, speed search, online applications, newsletter, archives, career corner, audio room, and other features are just fantastic!
Allison , Chicago, IL
The best thing about SellingCrossing is that you can upload your resume and also have the option to apply online.
Keith , Staten Island, NY
EmploymentCrossing's search engine is excellent. You can search jobs on the basis of specific locations and practice areas.
Unlike other sites, SellingCrossing works for you and does not charge employers to post jobs and actually goes out and researches jobs for you. The jobs you see are the jobs we find for you and not the ones employers are paying us to post.
You've Always Been in Charge: Now Take Charge of Your Sales Career
Start doing your job search in a thorough, organized, efficient and competent manner.
Take charge of your job search with honest unbiased research, facts and information about sales jobs. Your hard work, dependability and drive will all pay off when you have access to:
Sales jobs from every company employer career webpage we can find.
Sales jobs from every sales firm career page we can find.
Sales jobs from every job board we can find.
Sales jobs from every newspaper classified ad we can find.
Sales jobs from every specialized sales publication we can find.
Sales jobs from every federal, state and local government career page we can find.
Sales jobs from every public interest, nonprofit and other career page we can find.
Tell us where to send your access instructions:
Today at SellingCrossing
10,141 - Jobs found in last 24 Hours56,248 - Jobs found in last 7 Days206,397 - Total Jobs Found
Your privacy is guaranteed. We will never give out, lease, or sell your personal information.
SellingCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
SellingCrossing is the first job consolidation service in the employment industry to seek to include every job that exists and not charge employers to post jobs on its site.
SellingCrossing uses sophisticated technology and manual work to comb employer websites and other job boards for jobs and bring them all to its site.
