Thursday
Feb052015
US Retail Sales Drop in December in Most Recent Categories
Thursday, February 5, 2015 at 4:24PM Retail sales in the US shrank 0.9 percent in December. It is the biggest drop since January as demand fell for nine of thirteen major retail categories:
Electronic and Appliance stores, making up 2% of retailers, fell -1.6%
Clothing retailers, making up 5% of retailers, fell -0.3%
Online stores, making up 9.2% of retailers, fell -0.3%
Building Material/Garden dealers, making up 6% of retailers, fell -1.9%
In contrast, receipts rose at Furniture stores 0.8%, Health Care store 0.5% and Sporting Goods/Hobby/Book & Music 0.2%.
Total sales for the 12 months of 2014 were up 4% from 2013.
Source: Trading Economics
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