Retail sales up strongly in December - Los Angeles Times
Retail sales accelerated 0.6% in December from November’s 0.3% increase, the Commerce Department says, in a report suggesting shoppers will keep fueling economic growth.
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Retail sales accelerated 0.6% in December from November’s 0.3% increase, the Commerce Department says, in a report suggesting shoppers will keep fueling economic growth.
Retailers are stepping up sales and other enticements in the final days before Christmas to lure shoppers who’ve been waiting for the best deals.
The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that consumers should expect lower interest rates in 2024.
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