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Research and editor of the repot.
“We do not regard to the present slackening in retail sales growth as either alarming or likely to endure,” he said.
State job growth and the demand for homes and cars were a strong part of Virginia’s economy in April. State residents seem more willing to purchase big ticket items, leading Pearson to expect greater sales growth in the third quarter.
April’s 21 percent increase in new car sales, when compared with the previous year, and a 9 percent rise in home sales, he said, indicate a willingness by state residents to make large, long-term purchases.
91.6%