Disappointing holiday season: December retail sales were flat, falling well short of estimate
Snippet of Article: "...Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had expected an increase of 0.4%. Excluding autos, sales also were unchanged, against the estimate for a 0.3% increase.
On an annual basis, sales rose 2.4%, a considerable step down ..."
