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erienewsnow.com 14 Jan, 2022 14:30 am

American retail sales were surprisingly dreadful in December - Erie News Now

American retail sales were surprisingly dreadful in December - Erie News Now
By Anneken Tappe and Nathaniel Meyersohn, CNN Business

News American retail sales were surprisingly dreadful in December Friday, January 14th 2022, 8:45 AM EST Updated: Friday, January 14th 2022, 9:15 AM EST By Anneken Tappe and Nathaniel Meyersohn, CNN Business Americans shopped less in December, causing the first drop in retail sales since the summer.The decline in sales coincided with the surge in Covid cases due to the highly infectious Omicron variant.8% decline in sales in December as people stayed home to protect themselves against the virus, for example.Sales dropped 1.

In July, the last time sales dropped, it was on the back of cases rising due to the Delta variant.Online retail witnessed a sharp 8.

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