U.S. December retail sales stall, undershooting forecasts
TL;DR Summary
U.S. December retail sales were flat at $735.0 billion, unchanged from November and below the +0.4% consensus, with core retail sales and sales excluding gas and autos also flat, signaling softer consumer spending even as the holiday season remained solid; year-over-year sales rose 2.4%.
- Retail sales flatline in December, missing +0.4% consensus Seeking Alpha
- Disappointing holiday season: December retail sales were flat, falling well short of estimate CNBC
- US Retail Sales Unexpectedly Stalled to Close Holiday Season bloomberg.com
- Stock Market Today: Futures Remain Lower, Treasury Yields Slip After Delayed Retail Sales Data Comes in Below Expectations Investopedia
- Retail sales were unexpectedly flat in December cnn.com
Reading Insights
Total Reads
1
Unique Readers
11
Time Saved
3 min
vs 4 min read
Condensed
93%
612 → 44 words
Want the full story? Read the original article
Read on Seeking Alpha