US retail sales dropped -1.9% mom to USD 626.8B in December, much worse than expectation of 0.0%. Ex-auto sales dropped -2.3% mom, below expectation of 0.2% mom. Ex-gasoline sales dropped -2.0% mom. Ex-auto, ex-gasoline sales dropped -2.5% mom. Total sales for the 12 months of 2021 were up 19.3% from 2020. Total sales for the […]
The post US retail sales dropped -1.9% mom in Dec, ex-auto sales down -2.3% mom appeared first on Action Forex.
These days, you’d be pretty hard-pressed to identify any corner of the retail market that’s remained unchanged in recent years. For one, it’s because competition is fierce. Related: Lowe’s makes billion dollar acquisition to take Read more…
Most leaders spend the majority of their economic energy trying to avoid trade wars, but President Donald Trump isn’t like most leaders. He truly believes that tariffs are a good way to force your trade Read more…
Market Overview The crypto market has gained 2% over the past 24 hours, reaching $2.75 trillion. This marks a surge to the highest levels in three and a half weeks and an attempt to break Read more…