U.S. November Retail Sales Rise 0.3%, Miss Expectations

The video discusses recent economic data, focusing on manufacturing and retail sales. Empire Manufacturing shows strength, while import prices rise slightly. Retail sales increase modestly, with potential COVID-related shifts in consumer behavior. Specific retail sectors like motor vehicles and electronics show declines, while food services see growth. The video emphasizes the importance of considering inflation when analyzing retail sales data.

What was the Empire Manufacturing index value mentioned in the video?

• 30.9

• 33.9

• 32.9

• 31.9

What was the expected increase in retail sales for the month?

• 2.5%

• 3.0%

• 4.8%

• 1.7%

Which factor is suggested as a possible reason for the change in retail sales?

• Weather conditions

• COVID-19 impact

• New tax policies

• Interest rate changes

Which category saw a decrease in sales during the holiday season?

• Food services and drinking places

• Clothing and accessories

• Electronics and appliance stores

• Food and beverage stores

What is the nature of the retail sales figures discussed in the video?

• Adjusted for inflation

• Nominal

• Seasonally adjusted

• Real