Retail sales rose 0.3% in November vs. expectations for a decline

  • 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.

https://www.cnbc.com/2023/12/14/retail-sales-rose-0point3percent-in-november-vs-expectations-for-a-decline.html

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