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Retail Pulled Off Strongest Holiday in Years Despite Apocalypse Narrative

The U.S. Census Bureau today confirmed that holiday sales beat all expectations.

According to government numbers, December retail sales increased by 5.6% over December 2016. Non-store sales, which includes online sales, grew in December by 12.7% over the prior year period.

All key retail sectors except sporting goods saw increases during the month, according to government records. Those categories related to home fared best, with building materials and supplies stores and furniture and furnishings retailers seeing a 9.9% bounce. Clothing and accessories managed a 2.4% increase.

Read more at Sourcing Journal.

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