US recession deepens as figures reveal slump in retail sales
The US Commerce Department has revealed that retail sales in the world’s largest economy have fallen for the sixth consecutive month. Fears of a more prolonged recession are rife after figures show that US shoppers visited the stores less over the festive period. In December, sales plummeted by 2.7% - more than double analysts predictions and [...]
US recession deepens as figures reveal slump in retail sales
