U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further reinforcing the Federal Reserve's cautious approach to cutting interest rates this year.

Retail sales gained 0.4% in December from November, slightly below projections for a 0.5% increase, according to FactSet.

Retail sales fell in December 2024, according to a first estimate. Retail sales volumes (quantity bought) are estimated to have fallen by 0.3% in December 2024, following a small rise of 0.1% in November 2024 (revised down from 0.2% in our last publication).

UK retail sales volumes saw a decline of 0.3% in December 2024, following a marginal increase of 0.1% in November, according to the latest estimates from the country's Office of National Statistics (ONS).

December same-store sales increased 1.7% year-over-year Full year 2024 same-store sales increased 1.8% year-over-yearNEWARK, N.J., Jan. 09, 2025

U.S. retail sales increased solidly in December, pointing to strong demand in the economy and further reinforcing the Federal Reserve's cautious approach to cutting interest rates this year. Retail sales rose 0.

Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop. Retail sales rose 0.4% in December from the previous month,