US retail sales end 2024 on a solid note; labor market healthy
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further reinforcing the Federal Reserve's cautious approach to cutting interest rates this year.
December 2024 retail sales were positive but slightly below expectations, with a monthly increase of 0.4%. Four consecutive ...
December saw a 0.4% monthly gain and November was revised up. Less well-off consumers kept up with aid of credit cards or ...
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.
It was a fitting end to a year marked by closures, bankruptcies and weak traffic. The industry appeared to lose sales to ...
Retail sales were higher in December, but they didn’t come in ahead of economist estimates. This broke a six-month streak of ...
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