Raft of Weak U.S. Data Points to Sharply Slower Growth
Reuters, Jan. 15, 2016–Mutikani, Lucia
U.S. retail sales fell in December as unseasonably warm weather undercut purchases of winter apparel. The growth picture was further darkened by other data on Friday showing industrial production fell in December, dragged down by cutbacks in utilities and mining output. Business inventories were also weak, posting their biggest drop in just over four years in November.
