A potential strike that would have shut down ports along the East and Gulf coasts and dealt a serious blow to the retail supply chain has been averted.
The holiday selling season got off to a good start in November despite the fact that two busy shopping days fell in December due a late Thanksgiving this year.
Moderate retail sales growth continued in November even as two of the holiday season’s busiest shopping days bumped over into December and weren’t included in the month’s totals.