Retail Sales Fall Modestly in January as American Consumers Pull Back on Spending
Retail sales fell 0.2% in January with department stores down 6%, amid weak consumer confidence and harsh weather, the biggest drop since May, Commerce Department said.
- US retail sales declined 0.2% in January, missing analysts' expectations, amid concerns about slowing consumption in the world's biggest economy.
- Sales fell across various sectors, including health and personal care stores , gas stations , and clothing stores .
- Economists expected larger tax refunds and fiscal stimulus to boost spending in the coming months as winter storms subsided.
64 Articles
64 Articles
Retail sales in the United States fell 0.2 percent in January from December to $733.5 billion, up 3.2 percent from a year earlier, the Labor Department said today. The monthly decline in sales was smaller than analysts' expectations of a 0.4 percent decline.
Retail sales fall modestly in January as American consumers pull back on spending - The Morning Sun
American consumers pulled back their spending to start 2026, extending the malaise in retail sales that began late last year. Retail sales fell 0.2% in January following a flat reading in December. January's figure came in below the forecasts of economists, who were expecting another flat reading, according to the Commerce Department's report issued on Friday. The report was delayed because of the 43-day government shutdown. Sales at health and …
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U.S. consumers reduced their spending at the beginning of 2026, prolonging the malaise in retail sales that began at the end of last year. Retail sales fell by 0.2% in January, after no change in December, according to the Department of Commerce report released on Friday. January’s figure fell short of economists’ forecasts, which expected another unchanged figure. The report was delayed due to the government’s closure of 43 days. January’s sale…
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