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 in December were revised up to 0.7% from a prior reading that showed a 0.4% increase in the month, according to Census Bureau data. "The traditional holiday hangover & a nasty winter ...
Sales plummeted 2.8% last month at auto dealers and slumped at furniture stores, home and garden centers. Even in the usually ...
Federal Reserve Chair Jerome Powell reiterated this week that the central bank is in no rush to cut rates, especially after a report showed consumer prices picked up broadly in January.
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 not ...
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December retail sales ... “It's definitely going to add risk to the system. Risk isn't necessarily bad or good, but it adds uncertainty, so it could have a bad effect on sales,” he said.
The larger-than-expected decline was partly due to the government revising up the December result, saying retail sales rose 0.7% that month over November. Previously, that estimate was a 0.4% rise.
But from a year ago, retail sales in January were up 4.2 percent, the Commerce Department added. "The sharp decline in January retail sales was due in large part to the extreme wintery conditions ...
WASHINGTON (AP) — U.S. retail sales dropped sharply last month ... The environment for all retailers may grow more perilous as Trump steps up tariff threats, which could lead to higher prices.