U.S. retail sales miss expectations in November

[mahatmakanejeeves]

Source: Reuters, via Yahoo! Finance

Reuters

U.S. retail sales miss expectations in November

Wed, December 15, 2021, 8:40 AM

WASHINGTON (Reuters) - U.S. retail sales increased less than expected in November, likely payback after surging in the prior month as Americans started their holiday shopping early to avoid shortages and paying more for goods.

Retail sales rose 0.3% last month, the Commerce Department said on Wednesday. Data for October was revised higher to show retail sales surging 1.8% instead of 1.7% as previously reported. Sales have now risen for four straight months.

Economists polled by Reuters had forecast retail sales rising 0.8%. Estimates ranged from as low as being unchanged to as high as a 1.5% increase.

Several of the top U.S. retailers reported in mid-November that they had noted an earlier start to holiday shopping.

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Read more: https://finance.yahoo.com/news/u-retail-sales-miss-expectations-134039042.html

[ShazamIam]

1. I am deliberately delaying any unnecessary purchases, we are being treated to price gouging and

I am not playing.

[gab13by13]

2. Hey, my wife tried.

[ampm]

3. Not paying for their gains

I'm not doing the holiday games anymore. I quit! I've been making my gifts doing things the old fashion way. Going to the local craft fairs we have here in town. It's really where the season is.