The US economy is losing steam as retail sales show their biggest decline in 12 months

Retail sales down 1.1% in December; November sales fell Core sales down 0.7%; November sales not reviewed Manufacturing output is down 1.3%; November production cut Producer prices down 0.5%; up…

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US retail sales fall after hefty gains; labor market still tight

Retail sales fell 0.6% in November Core sales down 0.2%; October sales have been revised lower Weekly jobless claims fall by 20,000 to 211,000 WASHINGTON, Dec. 15 (Reuters) – US…

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