Retail Sales Decline 0.9% in January, More Than Expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report released on Friday.
2025 Retail Sales Show Promise With A Strong January
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 Fell 0.9% in January
U.S. retail sales fell more than expected in January, dropping a seasonally adjusted 0.9% from December to $723.9 billion, the Commerce Department said. Economists surveyed by The Wall Street Journal had expected a drop of 0.
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.
Canada December retail sales up 2.5% on food, autos; seen down 0.4% in January
Canadian retail sales grew by 2.5% in December from November at C$69.59 billion ($49.05 billion), led by increased sales at food and beverage retailers, as well as motor vehicle and parts dealers, Statistics Canada said on Friday.
UK retail sales sharply rebound in January beating expectations
Increasing retail sales in January and improving consumer confidence in February could point towards more optimism in the UK economy, however, concerns persist about slow economic growth and the threat of US tariffs.
Michigan retailers start 2025 strong with positive January sales
Annual data shows that 48% of Michigan retailers saw an increase in sales during 2024, while 47% saw a decrease and 5% noted no change. When asked about their overall sales outlook for the current year, 58% of retailers surveyed said they expect 2025 sales to exceed 2024.
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%.
Canada Retail Sales Slide After Jumping 2.5% in December
Canadians look to have pared back spending at the start of the year, tightening their belts after flocking to retailers in December and driving up sales at the fastest rate in roughly two and half years.
Canada December retail sales up 2.5%, beating market expectations
Canada's retail sales in December grew by a robust 2.5% on a monthly basis, beating analysts' expectations, as a sales tax holiday bumped up spending on food and beverages and people also bought cars and vehicle parts,
Retail sales stronger than expected in December
Retail sales were up by 2.5 per cent to $69.6 billion in December, led by increases at food and beverage retailers, Statistics Canada said Friday. All nine subsectors had an increase in sales for the month.
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 ...
UK retail sales leap in January as consumers defy weak outlook
LONDON (Reuters) -British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May ...
U.K. Retail Sales Rise for First Time in Five Months
Retailers in the U.K. reported a brighter start to the new year, with sales rising after four straight months of falls, ...
Surprise boost for retail as food sales see biggest jump since start of pandemic
Growing retail sales can mean economic growth, which the government has repeatedly said is its top priority. But increased ...
Transport Topics2d
January Medium-Duty Sales Jump 5.2% Year Over Year
U.S. retail sales of medium-duty trucks started off the year with a slight uptick compared with January 2024, according to ...
Walmart forecasts sales for fiscal 2026 revenue below estimates on cautious spending
Walmart on Thursday forecast sales for the fiscal year ending January 2026 below Wall Street's current estimates, signaling ...