US retail sales declined 0.7% in December, landing below the consensus economist forecast for unchanged spending.
The data suggests strong online sales through the holiday season failed to offset COVID-19 lockdowns and surging case counts. Gauges like the Census Bureau's retail spending report give critical insight into the overall path of the US economy. Consumer spending counts for roughly 70% of economic activity. Renewed lockdown measures across the country have cut into Americans' ability to spend in recent months, particularly in the service sector and at brick-and-mortar stores.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
But not amazon