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Thu Feb 14, 2019, 09:37 AM

Retail sales sink 1.2% in December in the worst plunge in nine years


(MarketWatch) The numbers: Sales at retailers fizzled in December and posted the biggest decline in nine years in a worrisome sign for the U.S. economy, according to a long-delayed government report.

Retail sales sank 1.2% in December, the U.S. Census Bureau said Thursday. Itís the largest drop since September 2009, a few months after the end of the Great Recession.

Economists polled by MarketWatch expected sales to be flat. .............(more)

https://www.marketwatch.com/story/retail-sales-sink-12-in-december-to-mark-biggest-drop-since-2009-as-holiday-season-fizzles-out-2019-02-14



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Reply Retail sales sink 1.2% in December in the worst plunge in nine years (Original post)
marmar Feb 2019 OP
democratisphere Feb 2019 #1
mahatmakanejeeves Feb 2019 #2

Response to marmar (Original post)

Thu Feb 14, 2019, 10:10 AM

1. Yeah. The drumpfian economy is on fire.

Fully engulfed.

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Response to marmar (Original post)

Thu Feb 14, 2019, 12:40 PM

2. Retail Sales Declined in December at Fastest Pace Since 2009

David Fahrenthold Retweeted

Retail sales declined in December at the fastest pace since 2009, another red flag for the US economy.

Consumer spending drives 70% of GDP growth.

https://www.wsj.com/articles/retail-sales-declined-at-fastest-pace-since-2009-in-december-11550151440 Ö #economy


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