Hopefully it will bring market

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dallanube
2022-12-15

Hopefully it will bring market back to red zone, and discount season are restarted

US Retail Sales Drop Most in 11 Months, Missing Estimates

Overall value of purchases decreased 0.6% in NovemberNine of 13 categories fell, including autos and

US Retail Sales Drop Most in 11 Months, Missing Estimates

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Excluding gasoline and autos, retail sales were down 0.2%. The figures aren’t adjusted for inflation.</p><p><img src=\"https://static.tigerbbs.com/58a979b6079e43fee4c8fa6bf64005fc\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The median estimate in a Bloomberg survey of economists called for a 0.2% decline in total retail sales.</p><p>Nine of 13 retail categories fell last month, according to the report, including electronics, furniture and building materials stores. Vehicle sales also declined, due in part to a drop in the prices of used cars and trucks. The value of sales at gasoline stations were down 0.1% as pump prices fell.</p><p>Sales at restaurants and bars — the only service-sector category in the report — rose 0.9% in November, the fourth-straight increase.</p><p>The report suggests some loss of momentum in consumer demand for goods amid high inflation as well as what’s been a shift in preferences toward services. While rising wages and pandemic-era savings have helped support shoppers, Americans are beginning to feel the squeeze — the saving rate is near a record low and credit-card balances havesurged.</p><p>Other data on Thursday showed that the labor market remains resilient with thefewestweekly initial unemployment filings in more than two months. Meanwhile, two regional Federal Reserve manufacturing gauges showed weaker activity this month.</p><p>The Fed is looking for a slowdown in consumer spending that will lower economic growth in order to help stamp out inflation. Policymakersstepped downthe pace of interest-rate increases Wednesday as expected, and while inflation has beendeceleratingin recent months, they acknowledge that price pressures are still far too high.</p><h2>Widespread Discounts</h2><p>November includes some of the biggest shopping days of the year, and retailers offeredwidespread discountsacross a range of products like toys, clothing and electronics on Black Friday and beyond. Separate data from Adobe Analytics found online spending during Cyber Week — Thanksgiving to Cyber Monday — wasup 4%from last year.</p><p>Thursday’s report showed spending at nonstore retailers were down 0.9%, which includes e-commerce businesses like Amazon.com Inc.. One of the only categories to rise were grocery stores amid higher food prices, though the pace was slower than the prior month.</p><p>So-called control group sales — which are used to calculate gross domestic product and exclude food services, auto dealers, building materials stores and gasoline stations — fell 0.2%, missing estimates for a 0.1% gain.</p><p>The retail sales report can be difficult to draw concrete conclusions from since the data aren’t adjusted for inflation and mostly only capture spending on goods. A fuller picture of November household demand, which includes both price-adjusted figures and services spending, will be released next week.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Retail Sales Drop Most in 11 Months, Missing Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Retail Sales Drop Most in 11 Months, Missing Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-15 21:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-15/us-retail-sales-post-biggest-decline-in-nearly-a-year?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Overall value of purchases decreased 0.6% in NovemberNine of 13 categories fell, including autos and furnitureUS retail sales fell in November by the most in nearly a year, reflecting softness in a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-15/us-retail-sales-post-biggest-decline-in-nearly-a-year?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-12-15/us-retail-sales-post-biggest-decline-in-nearly-a-year?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106432209","content_text":"Overall value of purchases decreased 0.6% in NovemberNine of 13 categories fell, including autos and furnitureUS retail sales fell in November by the most in nearly a year, reflecting softness in a range of categories that suggest some easing in Americans’ demand for merchandise.The value of overall retail purchases dropped 0.6% last month after rising 1.3% in October, Commerce Department data showed Thursday. Excluding gasoline and autos, retail sales were down 0.2%. The figures aren’t adjusted for inflation.The median estimate in a Bloomberg survey of economists called for a 0.2% decline in total retail sales.Nine of 13 retail categories fell last month, according to the report, including electronics, furniture and building materials stores. Vehicle sales also declined, due in part to a drop in the prices of used cars and trucks. The value of sales at gasoline stations were down 0.1% as pump prices fell.Sales at restaurants and bars — the only service-sector category in the report — rose 0.9% in November, the fourth-straight increase.The report suggests some loss of momentum in consumer demand for goods amid high inflation as well as what’s been a shift in preferences toward services. While rising wages and pandemic-era savings have helped support shoppers, Americans are beginning to feel the squeeze — the saving rate is near a record low and credit-card balances havesurged.Other data on Thursday showed that the labor market remains resilient with thefewestweekly initial unemployment filings in more than two months. Meanwhile, two regional Federal Reserve manufacturing gauges showed weaker activity this month.The Fed is looking for a slowdown in consumer spending that will lower economic growth in order to help stamp out inflation. Policymakersstepped downthe pace of interest-rate increases Wednesday as expected, and while inflation has beendeceleratingin recent months, they acknowledge that price pressures are still far too high.Widespread DiscountsNovember includes some of the biggest shopping days of the year, and retailers offeredwidespread discountsacross a range of products like toys, clothing and electronics on Black Friday and beyond. Separate data from Adobe Analytics found online spending during Cyber Week — Thanksgiving to Cyber Monday — wasup 4%from last year.Thursday’s report showed spending at nonstore retailers were down 0.9%, which includes e-commerce businesses like Amazon.com Inc.. One of the only categories to rise were grocery stores amid higher food prices, though the pace was slower than the prior month.So-called control group sales — which are used to calculate gross domestic product and exclude food services, auto dealers, building materials stores and gasoline stations — fell 0.2%, missing estimates for a 0.1% gain.The retail sales report can be difficult to draw concrete conclusions from since the data aren’t adjusted for inflation and mostly only capture spending on goods. A fuller picture of November household demand, which includes both price-adjusted figures and services spending, will be released next week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":499,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":69,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}