American retail sales were surprisingly
dreadful in December
Posted By: NorthernDog, 1/14/2022 9:30:24 AM
New York - Americans shopped less in December, causing the first drop in retail sales since the summer. Sales dropped 1.9% compared with November, adjusted for seasonal swings, the Census Bureau reported Friday. The decline in sales coincided with the surge in Covid cases due to the highly infectious Omicron variant. In July, the last time sales dropped, it was on the back of cases rising due to the Delta variant. Restaurants and bars registered a 0.8% decline in sales in December as people stayed home to protect themselves against the virus, for example. But there was more at play than
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Glenn Youngkin, first Republican to win
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into office 6 replies
statewide in Virginia since 2009, sworn
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Biden administration to launch website
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kits on Wednesday 34 replies
for free 500 million COVID-19 testing
kits on Wednesday 34 replies
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American figure skater to become first
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openly nonbinary athlete to compete at
a Winter Olympics 51 replies
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be infected with omicron in the next 2
months, WHO says 13 replies
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Biden administration to launch website
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kits on Wednesday 34 replies
for free 500 million COVID-19 testing
kits on Wednesday 34 replies
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Is Dumping My Businesses, Charities (De-Banked) Video 34 replies
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Comments:
Even CNN can't sugarcoat the bad economic news.