Sentiment Trumps Shopping as Americans Buy Autos, Not Much Else
- Retail sales unchanged last month excluding cars, gasoline
- Consumer confidence hovers in January near almost 13-year high
How Disappointing Are the Retail Numbers?
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Americans are bringing their newfound confidence to car showrooms but not many other stores.
Data released Friday put on display the gap between a surge in sentiment after Donald Trump’s election victory, and the household spending that makes up the biggest part of the economy.