Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.
Retail Sales Fell 0.9% in January
U.S. retail sales fell more than expected in January, dropping a seasonally adjusted 0.9% from December to $723.9 billion, the Commerce Department said. Economists surveyed by The Wall Street Journal had expected a drop of 0.
2025 Retail Sales Show Promise With A Strong January
U.S. retail sales surged 4.8% year-over-year in January, rising to $668 billion, setting the stage for unexpectedly strong retail growth in 2025, according to data just released by the U.S. Census ...
January retail sales slipped almost 1%, but views differ on what it means
On Friday, the Census Bureau gave us retail sales data for January, which fell 0.9% from December. That’s a much bigger drop than economists were expecting. Now, we usually see a drop in retail sales at the start of the year as people and their bank accounts try to recover from their holiday spending sprees.
January retail sales up 5.44%, consumer confidence falls
Consumer spending in January was down from the robust pace in December but still posted a 5.44% gain when compared with January 2024, according to the National Retail Federation
January retail sales fall a much more-than-expected 0.9%
According to a Friday U.S. Census Bureau report, retail sales for January were down 0.9% from the December. But total sales for November 2024 - January 2025 were up 4.2%.
U.S. retail sales plunged along with temperatures in January.
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors, denting sales at car dealers and most other stores.
Retail sales make biggest drop in almost 2 years
Retail and food sales made their largest monthly drop in January since March 2023, marking an end to the buying surge that ...
Retail Layoffs Soar Nearly 100% in a Month as Multiple Stores Close
A report published last week by Chicago -based outplacement firm Challenger, Gray & Christmas (CGC) found that retailers cut 6,419 jobs in January, marking a year-on year increase of 20 percent but a ...
Daily Voice Bucks County PA on MSN4d
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and ...
India's retail inflation eases to 5-month low, boosting rate cut hopes
India's retail inflation slowed to a five-month low in January as food price inflation eased, boosting the odds of another ...
US retail spending plunged last month, falling for the first time since August
American shoppers pulled back on their spending last month for the first time since August as stubborn inflation continued to ...
Retail sales tumble in January, testing Fed rate cut forecast
U.S. retail sales tumbled sharply lower in January, snapping a five-month winning streak, as extreme weather, California ...