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home / news releases / UGE - Holiday Spending Off To A Modest Start


UGE - Holiday Spending Off To A Modest Start

By Robert Hughes

Retail sales and food-services spending increased 0.2 percent in November following a 0.4 percent gain in October. Excluding gasoline station sales, retail sales and food services were up 0.1 percent in November after a gain of 0.7 percent in October. Over the past year, total retail sales and food services were up 3.3 percent through November, while retail sales and food services excluding gas have increased 3.6 percent (see chart).

The November performance was mixed, with gains in seven retail-spending categories, two posting declines and one essentially unchanged. Gains were led by

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Stock Information

Company Name: ProShares Ultra Consumer Goods
Stock Symbol: UGE
Market: NYSE

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