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US retail sales plunged along with temperatures in January after a ...
4 days ago · WASHINGTON (AP) — 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 fell 0.9% in January from the previous month, the Commerce Department said, after two months of healthy gains. It was a much bigger drop than economists ...
US retail spending plunged last month, falling for the first time …
4 days ago · Retail sales plunged 0.9% in January from the prior month, the Commerce Department said Friday. That’s down sharply from December’s upwardly revised 0.7% gain and well below economists ...
Retail sales drop 0.9 percent in January, a significant decrease …
4 days ago · 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 ...
Retail sales slumped 0.9% in January, down much more than …
4 days ago · Retail sales slipped 0.9% for the month from an upwardly revised 0.7% gain in December, even worse than the Dow Jones estimate for a 0.2% decline. The sales totals are adjusted for seasonality but ...
US retail sales post biggest drop in nearly two years amid winter ...
4 days ago · 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...
Retail sales stumbled badly into 2025 - kpmg.com
5 days ago · Retail and food services sales fell 0.9% in January, significantly weaker than expected, after four consecutive monthly gains. A drop in light vehicle sales in January accounted for roughly two-thirds of the decline. However, even excluding vehicle sales, retail sales and food services sales declines were broadly based, with retail sales ...
Census Data Shows Slower Retail Sales in January, But the …
5 days ago · The results come after core retail sales grew 4% year over year during the 2024 holiday season and 3.6% for the full year. Earlier this week, the CNBC/NRF Retail Monitor, powered by Affinity Solutions, reported that core retail sales were down 1.27% seasonally adjusted month over month in January but up 5.72% unadjusted year over year. That ...
US retail sales plunged along with temperatures in January
4 days ago · Retail sales dropped 0.9% in January from the previous month, the Commerce Department said, after two months of healthy gains. It was a much bigger drop than economists expected and the biggest ...
NRF | January CNBC/NRF Retail Monitor Shows Sales Drop From …
Feb 10, 2025 · Total retail sales, excluding automobiles and gasoline, were down 1.07% seasonally adjusted month over month but up 5.44% unadjusted year over year in January, according to the Retail Monitor. That compared with increases of 1.74% month over month and 7.24% year over year in December.
US retail sales declined in January by much more than expected
Feb 15, 2024 · Retail sales, which captures spending on all goods and food services, fell 0.8% in January, the Commerce Department reported Thursday, breaking a two-month streak of increases.