The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for December 2015:
Predicted: 0.0%
Actual: -0.1%
The above percentages represent the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods, and retailers that provide food and beverage services.
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Last Month (revised): +0.4%
Estimated Retail Sales for December: $448,100,000,000
Change from 12 Months Ago: +2.2%
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The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.
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