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U.S. retail sales drop by most in 2 years amid fires, storms

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

Marketplace · 4d

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.

The Spokesman-Review · 4d

U.S. retail sales drop by most in two years amid fires, storms

US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a spending spree in the closing months of 2024.

Forecasting Accuracy: Overcoming A Major Sales Industry Hurdle

As businesses navigate increasingly complex economic pressures, the demand for more reliable and sophisticated sales ...

1mon

Holiday Sales Topped Expectations. That Could Mean a Strong Start to 2025

Consumers spent $994.1 billion in the last two months of 2024, according to the National Retail Federation, surpassing the trade group's forecast. “Core” retail sales—everything but gas, car and ...

Worrying US economic strength ahead of Retail Sales data today

The big fear for policymakers is that there appears to be little reason to suggest that inflation will return to the 2% target anytime soon: wages are continuing to grow at a strong pace, consumer ...

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AUD/USD analysis: outlook ahead of US retail sales data

After bottoming at 0.6133 on Monday, the pair rose to a high of 0.6215 as the focus shifted to the upcoming US retail sales data. So, what next for the Australian dollar? The AUD/USD pair rose ...

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