August Retail Sales See Modest Growth

            This past month, retail stores saw modest growth despite market turmoil. Analysts believe this growth is most likely due to increased consumer confidence from continued low fuel prices,  increases in strong jobs, and income growth. According to the Commerce Department, sales both online and in stores rose 0.2%. Economists projected it to be at 0.3%, but if the volatile auto and gasoline industry are excluded, this goal is reached. Commerce overall saw an increase to 0.7%, up one tenth from the month before. We can expect the Federal Reserve to closely scrutinize the report as an indicator for consumer spending as it weights its first interest rate hike in nearly a decade.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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