US retail sales plunged along with temperatures in January after a bustling holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores.
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%.
Retail Sales Start Out Slowly for 2025 With 0.9% January Decline
Shoppers put away their pocketbooks after splurging some for the holidays. January retail and food service sales fell a seasonally adjusted 0.9 percent from December, according to the Census Bureau’s monthly tally. How Companies Like Target, E.l.f. and Levi's Are Responding to Trump's Anti-DEI Campaign
Retail sales slumped 0.9% in January, down much more than expected
With consumer spending making up two-thirds of economic activity in the U.S., the sales numbers indicate potentially weaker growth for the first quarter.
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.
Expert explains drop in January retail sales
Retail expert Rich Hollander sits down with FOX 10's Ellen McNamara and explains why retail spending is down .9% in January and if it is a sign of an incoming recession.
US retail sales battered by severe weather in January
US retail sales plunged by the most in almost two years in January -- a bigger drop than forecast and one that follows an unexpected uptick in inflation that President
Retail sales plunge in January as wildfires, cold give consumers pause
Retail sales fell 0.9% in January, the steepest drop in nearly two years, as consumers were held back by California wildfires, unusually frigid conditions, and uncertainty around the outlook for tariffs.
US retail sales and manufacturing output decline in January: here’s why
The US economy faced a dual setback in January, with both retail sales and manufacturing output recording declines. Retail sales posted their largest drop in nearly two years, while manufacturing production unexpectedly contracted,
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US retail sales drop as demand for motor vehicles and at non-store retailers fall back
Sales of motor vehicles and parts were down sharply, by 2.8% when compared with December. In absolute terms, the decline accounted for over half of the drop in retail sales volumes. Non-store retail ...