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CEO North America > News > Retail sales beat expectations during the holiday period

Retail sales beat expectations during the holiday period

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Survey: Many small business owners think 2024 will be a ‘make or break’ year
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The Commerce Department announced today that US retail sales increased steadily in November, amid concerns about the unstable economy and a decelerating labor market.

The report shows retail sales rose by 0.6% in November, rebounding strongly from October’s revised 0.1% decrease and exceeding the 0.4% increase that economists predicted.

The report was postponed by a month due to last year’s historic government shutdown. The figures are seasonally adjusted but not inflation-adjusted.

The latest spending figures highlight the US economy’s resilience throughout 2025, despite significant shifts in economic policy and disruptions such as the government shutdown.

The Commerce Department’s recent data comes after this week’s Bureau of Labor Statistics Consumer Price Index report, indicating that US consumer prices rose by 2.7% year-over-year in December. While this reflects modest inflation improvement over the year, concerns about affordability remain for many Americans.

By CEO NA Editorial Staff

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