Retail sales make biggest drop in almost 2 years

US retail sales post biggest drop in nearly two years amid winter freeze
U.S. retail sales dropped by the most in nearly two years in January, likely weighed down by frigid temperatures, wildfires and motor vehicle shortages, suggesting a sharp slowdown in economic growth early in the first quarter.
Retail sales slumped 0.9% in January, down much more than expected
With consumer spending making up two-thirds of economic activity in the U.S., the sales numbers indicate potentially weaker growth for the first quarter.
Retail sales see biggest drop in a year to start 2025
New data out Friday showed retail sales declined more than expected in the first month of 2025. Headline retail sales fell 0.9% in January, more than the 0.2% decline economists had expected, according to Bloomberg data.
US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months, suggesting a sharp slowdown in economic growth early in the first quarter.
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.
Expert explains drop in January retail sales
Retail expert Rich Hollander sits down with FOX 10's Ellen McNamara and explains why retail spending is down .9% in January and if it is a sign of an incoming recession.
US retail sales drop by most in two years amid fires, storms
U.S. retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a spending spree in 2024.
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.
US retail sales see biggest drop in nearly two years on harsh weather
US retail sales plunged by the most in almost two years last month as cold weather hit the country alongside wildfires in California, data showed Friday, reflecting broad declines while President Donald Trump returned to office.
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%.
US Retail Sales Drop by Most in Nearly Two Years
US retail sales dropped by 0.9% in January, the biggest decline in nearly two years. Americans spent less on cars, furniture, and building materials. Michael McKee has the breakdown. Lindsey Piegza, Stifel chief economist,
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 ...
Virginia Legislature Approves Cannabis Retail Sales Bills
The Virginia legislature has passed legislation to legalize recreational cannabis sales, sending the proposal to the desk of ...
Retail sales slump. Wildfires, cold snap and post-holiday blues depress spending.
The numbers: Retail sales fell in January by the most in almost two years after consumers took a breather from holiday ...
F3 Group Consulting Successfully Brokers Sale Of High-Profile Indianapolis Mixed-Use Retail Center
F3 Group Consulting Kidd Plaza F3 Group Consulting secures above-market pricing in the strategic sale of a prime Indianapolis mixed- ...
Simon Property Group, Inc.: FFO reflects sales of Simon's ownership interest in retail brands
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Stock market's little moved at open by weak retail sales. S&P 500, Dow near record highs
Retail sales slipped 0.9% in January from an upwardly revised 0.7% gain in December, and below the Dow Jones estimate for a 0 ...
Shopping Center Business2d
First National Realty Acquires 67,622-Square-Foot Retail Center in Montgomery, Alabama
Red Bank, New Jersey-based First National Realty Partners has acquired Country Club Centre, a 67,622-square-foot retail ...
This Week: Consumer price index, Deere & Co. earnings, retail sales
Economists expect the consumer price index rose 2.9% last month, matching the year-over-year increase in December. The annual rate of inflation has been mostly inching higher since October. That has ...