Consumers were leery about opening up their wallets last month as retail sales fell 0.3%, following two consecutive monthly increases, the Commerce Department reported today.
December's figures were 5.4% higher than those of December 2008. Total sales for 2009 were 6.2% lower than for 2008. From October to December 2009, sales were 1.9% than for the same period in 2008.
Total retail and food sales in November were $352 billion, compared with 353 billion in November.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.