date:Jan 07, 2013
SP 500 retail index .SPXRT added nearly 1 percent near midday, while the SP 500 index .SPX inched up 0.1 percent.
CONSUMER CONFIDENCE
With the country moving past the fiscal cliff debate, retailers will be watching whether the expiration of the payroll tax cut takes a toll on consumer spending.
The expiration of the payroll tax holiday, which this week raises Social Security taxes for workers to 6.2 percent from 4.2 percent, may be more important to the economy than the income tax hike for we