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Posted On: 12/15/2023 5:41:46 AM
Post# of 27329
ECONOMY
Retail sales rose 0.3% in November vs. expectations for a decline
PUBLISHED THU, DEC 14 20238:34 AM ESTUPDATED THU, DEC 14 202310:13 AM EST
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Jeff Cox
@JEFF.COX.7528
Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%.
Sales held up despite a 2.9% slide in receipts at gas stations, as energy prices broadly slumped during the month.
Initial claims for unemployment insurance totaled a seasonally adjusted 202,000, lower than the 220,000 estimate.
Retail sales rose 0.3% in November vs. expectations for a decline
PUBLISHED THU, DEC 14 20238:34 AM ESTUPDATED THU, DEC 14 202310:13 AM EST
thumbnail
Jeff Cox
@JEFF.COX.7528
Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%.
Sales held up despite a 2.9% slide in receipts at gas stations, as energy prices broadly slumped during the month.
Initial claims for unemployment insurance totaled a seasonally adjusted 202,000, lower than the 220,000 estimate.
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