US retail sales rose modestly in November, with online sales and groceries leading growth.

US retail sales saw a modest 0.15% increase in November 2024, despite two major shopping days moving to December. The CNBC/NRF Retail Monitor reported a 2.35% rise year-over-year, showing growth in online sales, grocery, and clothing stores. The National Retail Federation predicts a 2.5% to 3.5% increase for November and December compared to last year, reflecting continued consumer spending in a growing economy.

December 10, 2024
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