A Chinese worker is seen at a construction site in Beijing. Economic changes in China and in other places have reduced demand and prices for commodities like the metal in the building's structure.
Jason Furman, chairman of the White House Council of Economic Advisers, said consumers generally haven't been using the savings from lower gasoline prices to spend on other things.
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Target shoppers Kelly Foley (from left), Debbie Winslow and Ann Rich use a smartphone to look at a competitor's prices while shopping shortly after midnight on Black Friday, in South Portland, Maine.
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A New York Stock Exchange trader works on the floor on Dec. 17. Stocks rose nearly 300 points after the Federal Reserve announced it plans to begin raising interest rates next year.
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Monument to headier times: The euro logo outside the European Central Bank in Frankfurt. The International Monetary Fund has warned of possible deflation in parts of Europe.
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