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.

Which category saw a decline in sales during the month?

What does the text suggest about the nominal retail sales figures?