US Retail Sales
Fell Again in December .
According to the U.S.
Commerce Department,
retail sales in December 2020
fell by 0.7 percent.
A Reuters poll of economists revealed
an expectation of no change
in retail sales for December.
Retail sales in November 2020 were
adjusted to show a slip of 1.4 percent.
The U.S. economy also lost jobs in December.
Unemployment numbers
in the first week of
January indicate that job loss
could continue this month.
President-elect Joe Biden's
$1.9 trillion fiscal stimulus plan
was revealed on Thursday.
The plan is expected to help the
economy by boosting spending
in the later half of 2021