So much for that expected strong Christmas. Economists were giddy across the board, but other than autos and gas, retail sales were flat in December. Christmas hype did not live up to its billing. Check out reality vs. Econoday Expectations. Retail sales minus autos were 0.2 percentage points below the lowest economist’s estimate. Retail sales … Continue reading Christmas Fizzles: Retail Sales Except Autos, Gas, Fall Flat