Data released moments ago by the US Census Bureau showed that US retail sales in November were flat, falling short of market expectations. Sales reached $732.6 billion, slightly below October’s reading (predictions were 0.1%), but up 3.4% year-over-year compared to November 2024.

Core sales, excluding autos, rose 0.4% in November, compared to a 0.3% increase in October. Non-store sales jumped 9.0%, while sales at food and beverage establishments rose 4.1%.