International Economic

US retail sales rise a bit less quickly than expected in December

By Alexander Bueso

Date: Thursday 16 Jan 2025

(Sharecast News) - Consumer spend in the US slowed a tad at the tail-end of 2024, but sufficed for economists to lift their fourth quarter growth forecasts.
According to the Department of Commerce, in seasonally adjusted terms retail sales volumes expanded at a month-on-month pace of 0.4% in December to reach...

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