The nation's retail sales have fallen for six months in a row now -- the longest decline on record -- with the declines accelerating as the economy weakened in the final quarter of the year. Sales data were revised lower for both October and November, to declines of 3.4% and 2.1%, respectively. Read the full government report.A lot of this has to do with falling prices too. The recession is full-fledged.
Retail Sales Plunge
December retail sales were way worse than expected.
Posts
