⭐Retail sales in December grew by 3.6%, exceeding expectations.
💪The U.S. consumer spending continued to be resilient throughout 2023, with a growth rate of 11.3%.
📈The December retail sales data challenges concerns of an economic slowdown.
💰The report also indicates strong consumer spending in categories such as food services and drinking places.
🌍The retail sales data reflects a positive trend in the global economy.
What was the growth rate of retail sales in December?
—Retail sales in December grew by 3.6%.
How has the U.S. consumer spending performed in 2023?
—The U.S. consumer spending has remained resilient throughout 2023, with a growth rate of 11.3%.
What does the retail sales data indicate about the economy?
—The retail sales data challenges concerns of an economic slowdown.
Which categories showed strong consumer spending in December?
—Categories such as food services and drinking places showed strong consumer spending.
What does the retail sales data reflect about the global economy?
—The retail sales data reflects a positive trend in the global economy.
04:06Retail sales in December grew by 3.6%, exceeding expectations.
05:06The U.S. consumer spending has remained resilient throughout 2023, with a growth rate of 11.3%.
08:38The retail sales data challenges concerns of an economic slowdown.
10:08Categories such as food services and drinking places showed strong consumer spending.
11:44The retail sales data reflects a positive trend in the global economy.
