【环球财经】美国去年12月零售额不及预期

Core Viewpoint - The preliminary data from the U.S. Department of Commerce indicates that U.S. retail sales for December 2025 are projected at $735 billion, showing no month-over-month growth, significantly below market expectations of 0.4% and the previous month's growth of 0.6% [1] Group 1: Retail Sales Performance - In December, sales in categories such as automobiles and parts, furniture, electronics and appliances, clothing, and health and personal care products experienced a month-over-month decline [1] - Conversely, sales in building materials, gasoline, and food and beverage categories saw a month-over-month increase [1] - Year-over-year, U.S. retail sales grew by 2.4% in December, which is lower than the consumer price index's year-over-year increase of 2.7%, indicating a contraction in real consumption [1] Group 2: Economic Insights - Heather Long, chief economist at Navy Federal Credit Union, noted that sales of automobiles, furniture, appliances, and clothing are weak due to significant impacts from tariffs [1] - Thomas Ryan, an economist at Capital Economics, predicts that January's consumer data may be weak due to extreme cold weather in some regions, and forecasts a significant slowdown in U.S. consumption growth in the first quarter of 2026 [1]