Retail sales flat in December from November, closing out year on a lackluster tone
Summary
Retail sales did not change in December compared to November. This surprised experts who thought sales would go up, even with concerns about jobs and economic challenges.Key Facts
- Retail sales stayed the same in December compared to November.
- In November, retail sales had increased by 0.6%.
- Experts expected sales to rise by 0.4% in December.
- The Commerce Department released the report.
- The report's release was delayed due to a 43-day government shutdown.
- There were concerns about slower job growth and economic issues.
- President Trump's tariffs and consumer confidence were also concerns.
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