US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months, suggesting a sharp slowdown in economic growth early in the first quarter.
Retail sales see biggest drop in a year to start 2025
New data out Friday showed retail sales declined more than expected in the first month of 2025. Headline retail sales fell 0.9% in January, more than the 0.2% decline economists had expected, according to Bloomberg data. This marked the largest month-over-month decline in retail sales since January 2024.
Retail sales were unexpectedly soft in January as consumers sharply cut back on spending after the holidays, triggering worries about sluggish economic growth in the months ahead. Sales were down 0.9% ...
Retail Sales Index fell 0.9%, with gains in food, motor vehicles, and service stations but declines in liquor, building ...
The Labor Department issues its January report on consumer prices Wednesday. Deere & Co. reports quarterly results Thursday.
Hosted on MSN26m
US Equity Indexes Mixed as Retail Sales Sink While Investors Assess Trump's Plans for Reciprocal TariffsUS equity indexes traded mixed while most government bond yields fell after retail sales dropped more than forecast and investors weighed the Trump administration's plans for a global punitive trade ...
The LSEG U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, ...
Nationally, the seasonally adjusted Index for January was 147, a one-point increase from December. Sales growth persisting through January was a welcome start to the new year for small businesses, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback