( ) -q-24- UNDATED (Correspondent Jeremy House) “early holiday shopping.” Americans cut back on spending in December. [CutID: <Cuts> RETAIL-SALES-house-q-WEDam.mp3 Time: 24s Title: RETAIL-SALES-house-q-WEDam Out-cue: early holiday shopping] TAG: Correspondent Jeremy House reporting. —————————– VERBATIM: It’s the second consecutive month they’ve done so, underscoring how inflation and the rising cost of using credit cards slowed […]
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December retail sales fall 1.1% after slipping in November
( ) -q-24- UNDATED (Correspondent Jeremy House) “early holiday shopping.”
Americans cut back on spending in December.
[CutID: <Cuts> RETAIL-SALES-house-q-WEDam.mp3
Time: 24s
Title: RETAIL-SALES-house-q-WEDam
Out-cue: early holiday shopping]
TAG: Correspondent Jeremy House reporting.
—————————–
VERBATIM: It’s the second consecutive month they’ve done so, underscoring how inflation and the rising cost of using credit cards slowed consumer activity over the crucial holiday shopping season. The Commerce Department says retail sales fell 1.1% in December, following a revised 1% drop in November. In October, retail sales ticked up 1.3%, helped by early holiday shopping.