SCC - December Retail Sales: Down 1.2% MoM
By Jill Mislinski
The Census Bureau's Advance Retail Sales Report for December was released on Friday. Headline sales came in at -1.2% month-over-month to one decimal and were worse than Investing.com's forecast of 0.1%. Core sales (ex Autos) came in at -1.81% MoM (to two decimals). "Data collection and processing were delayed for this indicator release due to the lapse in federal funding from December 22, 2018 through January 25, 2019. Processing and data quality were monitored throughout and response rates were at or above normal levels for this release."
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