November retail sales numbers ease slowdown fears

December 14, 2018

According to the Commerce Department, retail sales rose 0.2 percent in November on the strength of e-commerce growth and big box store performance. Minus the downward pull of gas prices, the retail number would show a 0.5 percent increase.  Most economists are predicting a slowdown in U.S. economic growth in 2019, although they are still mostly bullish about continued strong consumer spending.

Recent News