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Weekly Insights Dec 19, 2014

Executive Summary

  • Retail sales and traffic weakened last week, as shoppers are apparently postponing gift-buying until the last minute
  • Apparel prices dropped 1.1% in November, reflecting the heavy promotional focus on cold-weather clothing this holiday season
  • CVS hosted an upbeat Investor Day and Rite Aid raised guidance
  • US industrial output soared in November, driven by consumer goods production

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