Fri Feb 12 08:58:00 -0500 2010

Bloomberg (New York)

- January sales at U.S. retailers climbed more than anticipated, while consumer confidence unexpectedly fell this month from a two-year high, showing a recovery in household spending may be gradual.

“We’re not seeing the fear factor we saw last year,” retail analyst Dana Telsey, founder of Telsey Advisory Group in New York, said in an interview on Bloomberg Radio.

To view the full article, download the PDF here: Bloomberg, February 12, 2010