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Bloomberg Daybreak: US Edition
00:00
US Retail Sector Strength and Consumer Spending Behavior
This chapter discusses the strength of the US retail sector and the spending behavior of the US consumer. It highlights the rise in retail sales for November, especially in online and food services categories. The chapter also explores potential risks such as consumers relying too much on credit cards, the uneven recovery in consumer spending, and the impact of lower gasoline prices on retailers and consumers' spending habits.
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Transcript


