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Eclectic Cyborg1/15/2021 6:44:30 am PST

US retail sales dropped last month, the Commerce Department said Friday, marking the third straight month without any growth.

Retail sales fell 0.7% in December from the month prior. Economists surveyed by Refinitiv expected sales to be flat. The Commerce Department also revised November’s retail sales lower from a 1.1% decline to a 1.4% drop.

America’s economic recovery took a hit in the final months of 2020, and the retail sector hasn’t been spared. Rising Covid-19 infections and renewed lockdown measures, as well as job losses, have weighed on consumer spending and were a drag on retail sales. The economy shed 140,000 jobs in December, the first decline since April.

“The further slump in retail sales in December confirms that the continued surge in coronavirus infections is now weighing heavily on the economy,” Andrew Hunter, senior U.S. economist at Capital Economics, said in a note to clients Friday.

Yet more negative impacts of the GOP dragging their heels for MONTHS on any kind of meaningful economic relief (which if we’re being honest, STILL hasn’t come).