US Retail Sales In January Drop 0.8%, Biggest Decline In ... - Forbes …

US retail sales fell 0.8% in January from December 2023, its biggest decline in nearly a year, dragged down by gasoline stations and automobile dealerships. On a year-over-year basis, sales rose 0.6%, the Commerce Department’s Census Bureau reported.

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US Retail Sales In January Drop 0.8%, Biggest Decline In ... - Forbes …

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US Retail Sales Declined In January By Much More Than Expected

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Feb 15, 2024 · Retail sales, which captures spending on all goods and food services, fell 0.8% in January, the Commerce Department reported Thursday, breaking a two-month streak of …

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Making Sense Of Retail’s Conflicting January Results - Forbes

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Feb 19, 2024 · UK retail sales rose3.4% in January after falling 3.2% in December. The January results were the biggest rise since April 2021, when the UK emerged from what turned out to …

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Retail Sales Post Steepest Decline Since March 2023 - Yahoo Finance

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Feb 15, 2024 · Retail sales fell 0.8% in January from the month prior, ... The month-over-month decline in January was the largest since March 2023. ... United States' largest retail shopping …

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Jan Retail Sales - Ftportfolios.com

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Feb 15, 2024 · Implications: An ugly report on the US consumer today with retail sales declining 0.8% in January, lagging consensus expectations, with nine out of thirteen major categories …

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Retail Sales Dived In January - LinkedIn

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Retail sales dropped the most in nearly a year during January, suggesting that consumer spending may be slowing.The value of purchases, unadjusted for inflation, slid 0.8% last …

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Retail Highlights: Sales Dropped 0.8% In January - MarketWatch

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U.S. retail sales fell 0.8% in January, well below forecasts. It's the biggest decline in 10 months Retail sales minus autos declined 0.6% in January

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Retail Sales Tumbled 0.8% In January, Much More Than Expected

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Advance retail sales declined 0.8% for January, down from a 0.4% gain in December and worse than the estimate for a 0.3% drop. Sales at building materials and garden stores were …

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U.S. Retail Sales Fall More Than Expected, While Other

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Feb 16, 2024 · Retail sales fell 0.8% in January from December, the Commerce Department said Thursday-much worse than expectations for a 0.3% decline. ... Housing starts across Canada …

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U.S. Retail Sales Plunge 0.8% In January, Largest Drop Since ... - MSN

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Feb 16, 2024 · U.S. retail sales fell 0.8% in January from the previous month, more than economists expected and the largest monthly decline since March 2020. Excluding auto and …

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US Retail Sales Declined In January By Much More Than Expected

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Retail sales, which captures spending on all goods and food services, fell 0.8% in January, the Commerce Department reported Thursday, breaking a two-month streak of increases.

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Retail Sales Fall 0.8% In January From December As Shoppers Pause …

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Feb 15, 2024 · Excluding sales at auto dealerships and gas stations, sales were down 0.5% for the month. The decline was bigger than the 0.10% drop that economists projected and marked …

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American Shoppers Wrap Up The Year In A Spending Mood, Boding …

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1 day ago · Separately, the National Retail Federation, the nation’s largest retail trade group, said that holiday sales in November and December rose a better-than-expected 4% compared with …

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US Retail Sales Exit 2024 With Momentum; Labor Market On Solid …

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1 day ago · Retail sales increase 0.4% in December; Core retail sales jump 0.7%; November data unrevised; Weekly jobless claims rise 14,000 to 217,000; Continuing claims decrease 18,000 …

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US Retail Sales Drop 0.3% - This Is Good News, No, Really ... - Forbes

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Jun 14, 2017 · Most of the weakness in May stemmed from a 2.4% plunge in sales at gasoline retailers, marking the biggest decline in more than a year. That’s a good thing for consumers. …

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Retail Sales Showed A Sharp Increase In January - Forbes

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Feb 17, 2021 · The January gains were broad-based, with every major category tracking month-over-month improvement, Rossman says. Retail trade sales were up 5.1% from December, …

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American Shoppers Wrap Up The Year In A Spending Mood, Boding …

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1 day ago · Retail sales rose 0.4% in December from the previous month, the Commerce Department said, though down from November's upwardly revised 0.8% gain.. The figures …

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American Shoppers Wrap Up The Year In A Spending Mood, …

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1 day ago · Retailers have generally reported healthy sales during the winter holiday shopping season. Much of last month's increase in spending was driven by a 0.7% jump in car sales, …

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US Retail Sales Rose 3.8% This Holiday Season | Retail Dive

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Jan 6, 2025 · U.S. retail sales for the last few weeks leading up to Christmas 2024 excluding automotive increased by 3.8% compared to last year, according to Mastercard’s …

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FAQs about US Retail Sales In January Drop 0.8%, Biggest Decline In ... - Forbes … Coupon?

How much did retail sales fall in January?

Retail sales, which captures spending on all goods and food services, fell 0.8% in January, the Commerce Department reported Thursday, breaking a two-month streak of increases. That was even lower than the downwardly revised 0.4% increase in December, and well below economists’ expectations of a 0.1% decline, according to FactSet. ...

Why did retail spending decline in January?

Spending declined across various categories last month, including at gas stations and home improvement stores, likely due to the cold weather, falling 1.7% and 4.1%, respectively. Online sales contracted 0.8%. Meanwhile, sales at restaurants and bars rose 0.7% in January. ...

How did UK retail sales perform in January?

UK retail sales rose 3.4% in January after falling 3.2% in December. The January results were the biggest rise since April 2021, when the UK emerged from what turned out to be the last of the Covid lockdowns. Meanwhile, India’s retail inflation fell to 5.1% in January. ...

How did retail sales compare to a year ago?

Retail sales are up 0.6% versus a year ago. Sales excluding autos dropped 0.6% in January (-1.0% including revisions to prior months), lagging the consensus expected gain of 0.2%. These sales are up 1.2% in the past year. The largest declines in January were for autos, building materials, and non-store retailers. ...

How much did retail and food services sales increase in January?

A retail trade survey, released Wednesday by the Census Bureau, estimates that monthly retail and food services sales totaled $568.2 billion—up from $539.7 billion in December. January’s estimated sales mark a 7.4% increase above January 2020. Sales from last November through January also tracked a 4.6% increase from the same period last year. ...

What's going on with retail sales in December?

Last Friday the government reported that employers stepped up hiring in December and the unemployment rate fell to a low 4.1%. Retailers have generally reported healthy sales during the winter holiday shopping season. Much of last month’s increase in spending was driven by a 0.7% jump in car sales, and a 2.3% spike in purchases of furniture. ...