Economy Watch Weekly: Retail Sales Way Up in 2017

U.S. retail and food service sales enjoyed a 0.4 percent increase in December, according to the U.S. Census Bureau, indicating that despite some challenges, the retail sector is still performing well. Even more impressive was the 5.4 percent increase in retail sales from a year ago. Economy Editor Dees Stribling breaks down the retail sector’s performance by category and discusses how inflation factors into the scenario, for the week ending Jan. 12, 2018.