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.
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 took off in the run-up to the 2024 election. Sales fell by 0.9 percent to
January Retail Sales
The advance report for retail sales plummeted by 0.9 percent for January, offset only modestly by upward revisions to prior months. Read more here.
US retail sales plunged along with temperatures in January after a bustling holiday season
Sales plummeted 2.8% last month at auto dealers and slumped at furniture stores, home and garden centers. Even in the usually strong online retail sector saw a 1.9% decline. Sales rose at general merchandise stores, a category that includes big retailers like Walmart and Target, and at restaurants and bars.
Retail used-vehicle sales surge in January, outpacing 2024 trends
Retail used-vehicle sales rose 8% in January, while CPO sales declined. The 2025 forecast sees steady growth despite supply challenges.
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.
Retail Sales Decline 0.9% in January, More Than Expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report released on Friday.
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%.
US retail sales post biggest drop in nearly two years amid winter freeze
U.S. retail sales dropped by the most in nearly two years in January, likely weighed down by frigid temperatures, wildfires and motor vehicle shortages, suggesting a sharp slowdown in economic growth early in the first quarter.
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Shrimp helps boost US seafood sales in January
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FDIS: Retail Sales 'Holiday Hangover' Highlights Risks To Consumer Spending Outlook
January retail sales missed expectations, impacting key sectors. Click here to find out why FDIS ETF is a Hold.
Stock market's little moved at open by weak retail sales. S&P 500, Dow near record highs
U.S. stocks were little changed at the open after January retail sales fell sharply. Indexes on track for up week, with Dow ...