Published on 18 Jan 2022 on Zacks via Yahoo Finance

ETFs & Stocks to Win Despite a Slump in December Retail Sales

Article preview image

U.S. retail sales declined 1.9% sequentially in December 2021, marking the biggest fall since February 2021 and ending four successive months of strong growth. A spike in inflation and early holiday shopping (well before Thanksgiving Day) in apprehension of shipping delays led to the slump. As a result, retail sales for October were revised up slightly. The sales growth in December came in well below market expectations of 0.8%.

Consumer spending makes up about 70% of U.S. economic activity. Thus, any massive slump in it will likely dim the economic growth prospects. Below we highlight a few areas and the related ETFs that should stay afloat despite the subdued December retail sales.

Miscellaneous Store Retailers

NYSE.XLV price evolution
NYSE.XLY price evolution
NYSE.XLK price evolution
NYSE.XLB price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
5 Sector ETFs to Win from an 8%+ U.S. Inflation

Annual inflation rate in the United States slowed to 8.3% in April from a 41-year high of 8.5% in...

Zacks via Yahoo Finance 12 May 2022

M&A Activity Has Slowed Down. Here’s Where the Deals Could Be.

Mergers and acquisition activity is declining—and a weakening economic outlook isn’t helping. The...

Barron s Online 11 May 2022

Should You Invest in the iShares U.S. Financial Services ETF (IYG)?

Looking for broad exposure to the Financials - Broad segment of the equity market? You should con...

Zacks via Yahoo Finance 11 May 2022

Jim Cramer says 'leaving the market is a mistake' ⁠— here's what he's most bullish on right now

The S&P 500 is down 10% over the past month alone. According to CNBC’s Jim Cramer, the recent plu...

MoneyWise via Yahoo Finance 10 May 2022

Daily ETF Fund Flows For May 9, 2022

Top 10 Creations (All ETFs) TickerNameNet Flows ($,mm)AUM ($, mm)AUM % ChangeQQQInvesco QQQ Trust... via Yahoo Finance 9 May 2022

Investors Dump Stock ETFs Ahead Of CPI Data

Panicky investors continued to dump stocks today as intense concerns about inflation and interest... via Yahoo Finance 9 May 2022

Stock Market News for May 6, 2022

Wall Street routed on Thursday, erasing all gains of the previous day. Market participants remain...

Zacks via Yahoo Finance 6 May 2022

Analysts predict this sector will best perform following Fed rate hikes

“So if we go back to later periods in the early 2000s and other periods where we actually saw ris...

AOL 5 May 2022

Patience Required, But Growth Stocks Can Rebound | ETF Trends

Growth stocks and the related exchange trade funds are sagging this year, and the Federal Reserve...

ETF Trends 5 May 2022

Getting Defensive, Investors Shift Sector Focus in April

This article was originally published on Stock market volatility remained high in ...

ETF Trends via Yahoo Finance 5 May 2022