December retail sales slip after a record holiday season

Shoppers walk through Macy’s on Nov. 26, 2021, in New York. Americans slowed their spending from November to December as a trifecta of product shortages, surging prices and a surge of the highly contagious omicron curtailed spending. Retail sales fell 1.9% in December compared with the previous month when sales increased 0.3%, the U.S. Commerce Department said Friday, Jan. 14, 2022. (Brittainy Newman, AP File)

Shoppers walk through Macy’s on Nov. 26, 2021, in New York. Americans slowed their spending from November to December as a trifecta of product shortages, surging prices and a surge of the highly contagious omicron curtailed spending. Retail sales fell 1.9% in December compared with the previous month when sales increased 0.3%, the U.S. Commerce Department said Friday, Jan. 14, 2022. (Brittainy Newman, AP File)

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