US Consumer spending is one of the main drivers of US economy. US Retail sales increased by 0.2% in November 2019, Compared to November 2018, retail sales increased 3.3%. Consumer spending, which accounts for more than two-thirds of U.S. economy, grew at a 2.9% annualized rate in the 3rd quarter of 2019, while unemployment rate fell back to 3.5% and import prices decreased by 1.3% after dropping by 3.0% in October 2019.
Reuters