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All quiet on the pricing front as inflation moderates
There were no new surprises during November regarding prices at Walmart, but then that is to be expected. The everyday low price strategy to which Walmart has a newfound adherence is boring and that’s the way the company and presumably its customers like it.
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Consumer sentiment improves
NEW YORK — U.S. consumer confidence rose more than forecast in December, to a six-month high, amid declining unemployment and lower gas prices. The Thomson Reuters/University of Michigan consumer sentiment index climbed to 69.9 from 64.1 at the end of November. The metric averaged 89 points in the five years leading up to the recession.