Retail sales slumped 0.9% in January, down much more than expected

Do you buy the retail sales number? - Marketplace

Retail sales were down in January, but the Census Bureau report — with its mish-mosh of data — can obscure nuances in consumer spending. In this episode, we talk to economists and other experts about how they cut through the noise. Plus: An American city and Canadian city with interlaced economies brace for tariffs, Americans love their meat sticks and the women behind a wine shop-restaurant-bookstore tell us about their business.

American Retail Spending Is Down for the First Time in 5 Months

Retail sales in the United States declined 0.9 percent in January, the first drop in sales since August. Specialty stores and car dealers fell most.

US retail sales fall faster than forecast in January

Figure dives 0.9% month-on-month, marking biggest decline since March 2023 - Anadolu Ajansı

From the Voice of America in Washington, the Economic Note.

Chill in Retail: Economic Growth Slows as U.S. Sales Experience Sharp Drop

Chill in Retail: Economic Growth Slows as U.S. Sales Experience Sharp Drop U.S. retail sales took a significant hit in January, plummeting by the most in nearly two years, according to data from the Commerce Department. The decline, attributed to severe weather and a natural slowdown following strong advances in the preceding months, suggests that the economic growth has sharply slowed.The broad-based downturn in retail sales has economists spec…

US Retail Sales Fall More Than Expected In January: Govt