December Retail Sales Missed Expectations. Holiday Sales Were Still Solid.
Retail sales gained 0.4% in December from November, slightly below projections for a 0.5% increase, according to FactSet.
US Economy: Retail Sales Broadly Advance in December
Looks like we had a good retail month, but not a great one. The anticipation was for a very strong retail sales number comes in at 4/10 instead of the 6/10 that was forecast ex autos 4/10 as well, ex autos and gas 3/10.
US retail sales rise solidly in December
U.S. retail sales increased solidly in December, pointing to strong demand in the economy and further reinforcing the Federal Reserve's cautious approach to cutting interest rates this year. Retail sales rose 0.
US Retail Sales Decelerated In December: Govt
Retail sales in the United States cooled in December, according to government data released Thursday, despite receiving a boost from gas stations and autos.
Retail Sales Grew Modestly In December
Retail and food services sales for December 2024 continued to grow, proving that despite an inflationary economy, Americans are still shopping.
December retail sales grow less than expected, November sales revised higher
The December retail sales report comes as investors are closely watching for signs of health in the consumer as the Federal Reserve is expected to hold interest rates higher for longer than initially hoped.
Retail sales growth comes in cooler than expected in December
On a year-over-year basis, retail sales rose 3.9%. Total sales for the year increased 3.0% from 2023, with sales for the final quarter of the year rising 3.7% Y/Y. Core retail sales, which excludes motor vehicles and parts,
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
U.S. Consumers Couldn’t Keep Up Their Surprise Streak in December
Retail sales were higher in December, but they didn’t come in ahead of economist estimates. This broke a six-month streak of ...
US import prices remain tame in December
U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation Ticked Up To 2.9% In December As Expected—Highest Since July
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Canadian housing starts fall 13% in December -CMHC
Canadian housing starts fell 13% in December compared with the previous month as groundbreaking decreased on multiple unit ...
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...