US retail sales post largest drop in nearly 2 years

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 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 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.
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.
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 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.
US retail sales battered by severe weather in January
US retail sales plunged by the most in almost two years in January -- a bigger drop than forecast and one that follows an unexpected uptick in inflation that President

Presidents' Day, tech deals and Sales For A Living

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 ...
Canadian flag sales surge after Trump threats
Canadian flagmaker Flags Unlimited's sales have doubled from a year earlier, the company's owners said, as tensions with the ...
R.I.’s home sales went up last year for the first time since the start of the pandemic
We need to get more shovels in the ground to sensibly increase our supply,” said Chris Whitten, president of the Rhode Island ...
DR Sales Boards Explosive Mads Brügger Series ‘The Black Swan’: ‘Like ‘The Sopranos’ in Real Life’ (EXCLUSIVE)
The sensational Danish documentary series from Sundance winning filmmaker Mads Brügger debuts Feb. 17 at the European Film ...
Trump says US to increase military sales to India, eventually provide F-35 jets
The United States will increase military sales to India starting in 2025 and will eventually provide F-35 fighter jets, U.S.
Colorado Public Radio29m
Colorado Springs won’t revisit recreational marijuana sales after state Supreme Court decision — for now
In November, 54 percent of Colorado Springs voters voted to allow existing medical dispensaries to sell recreational ...
US sales for American whiskeys fall as threats of trade war still brewing
Looming tariffs are one of the stiffest challenges ahead, threatening to deplete sales in key foreign markets, an industry ...
Retail sales slump. 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 ...