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5 Facts About December's Decline in Retail Sales
By
Erika Morphy
Slideshow January 18, 2022 at 07:16 AM
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Last week, the Commerce Department reported that US retail sales fell 1.9% in December. It marked the end of the fourth consecutive month of growth, following November's rise of 0.3% and a 1.8% jump in October. December's disappointing performance, it is widely agreed, reflects a combination of consumers' fears over inflation and the supply chain dysfunction that has emptied many store shelves.
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