Americans Tightened Their Belts And It Might Hurt Economic Numbers Important To Trump
What started off as a strong holiday shopping season ended with a whimper, as December retail sales posted the sharpest drop in nine years. That could mean GDP growth will miss the president's target.
What started off as a strong holiday shopping season ended with a whimper, as consumers, rattled by a trade war and a government shutdown, tightened their belts. The Commerce Department said retail sales fell 1.2 percent between November and December, the sharpest drop in nine years.
