UK retail sales leap in January as consumers defy weak outlook
British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May last year, according to official data published on Friday that suggested consumers were happy to spend despite a weak outlook for the economy.
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 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 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.
Push UPs [Stocks] Vs Pull DOWNs [Retail Sales]
The S&P 500 and Nasdaq showed bullish behavior, with the Dow Jones leading YTD gains at 4.7%, despite weak retail sales data. Read the full report here.
Food shopping pushes January retail sales up 1.7%
The figures mark a partial bounce back after the retail sector suffered a downbeat December trading period last year.
UK consumers defy weak outlook to ramp up their spending
British retail sales rose in January for the first time since August and by much more than expected, according to official data that suggested consumers were happy to spend despite a weak outlook for the economy.
Retail sales slump. Wildfires, cold snap and post-holiday blues depress spending.
Retail sales fell in January by the most in almost two years after consumers took a breather from holiday shopping season and ...
Walmart shares tank on dismal forecast as retail giant warns of slowing sales
Walmart’s lower-than-expected guidance is a warning that US consumer spending is slowing, said Brian Mulberry, client ...
Retail sales make biggest drop in almost 2 years
Retail and food sales made their largest monthly drop in January since March 2023, marking an end to the buying surge that ...
US Retail Sales Drop by Most in Two Years Amid Fires, Storms
US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
Sterling edges up after stronger UK retail sales
The pound edged up on Friday after data showed UK consumer spending picked up much more sharply than expected in January, but ...
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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 ...
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 ...
US retail sales plunged along with temperatures in January after a bustling holiday season
Sales plummeted 2.8% last month at auto dealers and slumped at furniture stores, home and garden centers. Even in the usually ...