久久电影免费精品,亚洲日韩在线观看,精品大全在线看,a√天堂98国产在线

  • <strong id="opm3m"><u id="opm3m"></u></strong>
  • U.S. retail sales drop unexpectedly in January

    Source: Xinhua| 2018-02-15 00:39:28|Editor: yan
    Video PlayerClose

    WASHINGTON, Feb. 14 (Xinhua) -- U.S. retail sales dropped unexpectedly in January, indicating consumer spending may cool down in the first quarter.

    The consumer spending dropped 0.3 percent from the previous month to 492 billion U.S. dollars in January, the largest decline in 11 months, said the Commerce Department on Wednesday.

    Excluding motor vehicle and parts, retail sales were unchanged in January. Vehicle and auto parts sales dropped 1.3 percent in the month, following a 0.1 percent decline in December.

    The soft reading suggested that consumer spending, accounting for over two thirds of the economy, might start with a weak momentum this year.

    However, Federal Reserve officials expected that consumer spending would remain stable growth this year on the expectation that job market will continue to tighten and wage growth will begin to accelerate.

    TOP STORIES
    EDITOR’S CHOICE
    MOST VIEWED
    EXPLORE XINHUANET
    010020070750000000000000011105521369763271