U.S. Retail Sales Slide 1.9% in December

The video discusses a significant decline in retail sales for December, with a 1.9% drop compared to the forecasted 0.1%. Excluding autos and gasoline, sales fell further, impacting GDP. Import prices decreased slightly, but excluding petroleum, they rose, showing a 10.4% increase over the year.

What was the actual percentage drop in retail sales for December compared to the forecast?

• 0.1%

• 1.9%

• 2.3%

• 3.1%

When excluding autos and gasoline, what was the percentage drop in retail sales?

• 1.9%

• 2.3%

• 2.5%

• 3.1%

How did the retail sales control group perform compared to expectations?

• It increased by 1.9%

• It decreased by 3.1%

• It remained flat

• It increased by 3.1%

What was the change in import prices when petroleum is excluded?

• Decreased by 2/10 of a percent

• Increased by 3/10 of a percent

• Increased by 10.4%

• Remained unchanged

What was the annual increase in import prices?

• 2.3%

• 3.1%

• 10.4%

• 1.9%