Chop Shop celebrates 42 years
BRADENTON -- The Chop Shop is celebrating 42 years in Bradenton with an anniversary sale Oct. 9-22.
The specialty retailer will offer multiple wine tastings, new product samples from deli to spices and fine imported olive oils straight from Italy.
During these two weeks, the shop will offer sales on its high quality meats and groceries. Customers can also get a free Boar's Head mustard with a Boar's Head deli purchase.
The Chop Shop, 5906 Manatee Ave. W. Bradenton, is open from 9 a.m. to 6 p.m. Monday through Saturday and on Sundays from 10 a.m. until 3 p.m.
For information call (941) 794-1389.
Slower holiday sales growth predicted for 2013
NEW YORK -- Coming off of a weak back-to-school shopping period, a research firm said Tuesday that it expects holiday sales growth will be slower this year during the crucial holiday season.
Shoppers are also expected to visit fewer stores as they research purchases online.Retail revenue in November and December should rise 2.4 percent during the biggest shopping period of the year, according to Chicago-based research firm ShopperTrak. That compares with a 3 percent increase in 2012 from 2011.While the job picture has been improving in the U.S. and the turnaround in the housing market is gaining traction, the improvements have not been enough to sustain higher levels of spending for most Americans.
U.S. consumer prices rise just 0.1 pct. in August
WASHINGTON -- U.S consumer prices barely rose last month, the latest sign that slow economic growth is keeping inflation tame. The consumer price index increased just 0.1 percent in August, the Labor Department said Tuesday, after a 0.2 percent increase in July. Excluding volatile food and energy costs, core prices also rose just 0.1 percent.
In the past 12 months, prices have risen 1.5 percent. That's down from the 2 percent year-over-year gain in July and below the Federal Reserve's 2 percent inflation target. Core prices are 1.8 percent higher than a year ago, the largest 12-month gain since March. The increase in core prices could help persuade the Fed to start pulling back on its low interest rate policies. But significantly lower inflation would pressure the Fed to keep stimulating the economy.
U.S. builder confidence steady, rates a concern
LOS ANGELES -- U.S. homebuilders' confidence in the housing market held this month at its highest level in nearly eight years.
But builders are starting to worry that sales may slow if mortgage rates continue to rise.
The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday registered at 58 this month. That's unchanged from August, which was revised down from an initial reading of 59.
-- Herald staff and wire reports