US retail sales fall
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Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had expected an increase of 0.4%. Excluding autos, sales also were unchanged, against the estimate for a 0.3% increase.
The Advance Retail Sales Report from the Census Bureau showed consumer spending was unexpectedly flat in December. Headline sales were unchanged, down from November's 0.6% reading and below the projected 0.4% growth. For an inflation-adjusted perspective ...
Washington (CNN) — US consumers unexpectedly held their spending flat in the crucial month of December as they turned gloomier on the economy and the labor market stagnated. Retail sales were unchanged in December from the prior month, the Commerce ...
Weak retail spending and a gloomy mood among households contradict forecasts that economic growth will remain solid in coming quarters.
Add Yahoo as a preferred source to see more of our stories on Google. Furniture and home furnishing stores posted a 0.9% drop, while electronics and appliance stores had a 0.4% dip. Clothing and accessories retailers registered a 0.7% decline (Getty Images ...
US retail sales showed no growth in December, according to delayed government data released Tuesday, missing analysts' expectations amid heightened scrutiny of the American consumer's appetite -- a key driver of the world's biggest economy. Overall sales ...