US retail figures plummet in December

15 February 2019

 

US retail sales have been trending up since late 2015. While there have been patches of weakness along the way, later months’ figures have rebounded to higher levels. After reaching an annual growth rate of 6.6% in July 2018, sales figures from the following months brought the annual rate back to a little above 4% by November, or roughly where it was at the start of that year. The latest...

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