https://www.wsj.com/articles/us-economy-retail-sales-november-2022-11671059629
November Retail Sales Fell in Biggest Drop in Nearly a Year
Sales fell 0.6% in the month and were down 0.2% excluding autos
U.S. retail sales fell sharply in November as the holiday shopping season got under way, posting their biggest drop in nearly a year as inflation cooled.
Sales at U.S. retail stores, online sellers, and restaurants fell by a seasonally-adjusted 0.6% in November from the previous month, the Commerce Department said Thursday. That was a slowdown from October’s robust 1.3% sales increase.
Shoppers spent less on holiday categories including electronics, clothing, sporting goods—both online and at department stores. They spent more on everyday staples such as food and at health-care stores, but also on restaurant meals.
Unlike many government reports, retail sales aren’t adjusted for inflation and can reflect price differences in addition to purchase totals.