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

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