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 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 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 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 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

Hermès Sales Jump

US retail sales plunged last month as consumers pulled back after busy holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at ...
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 ...
Miss Manners: How do I politely ask a guest to refrain from making a sales pitch at dinner?
Miss Manners considers it the height of poor dinner guest behavior to solicit business. She suggests that next time he starts ...
John Wood Group aims to accelerate asset sales to raise up to $200mn
Engineering company’s shares plunge 34% after signalling negative free cash flow despite previously saying it would be ...
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 ...
Hosted on MSN13h
Sale of spurious medicines uncovered across Sindh
A major scandal involving the sale of counterfeit medicines has been uncovered across Sindh, including Karachi on Thursday, quoting the Drug Testing Laboratory.As per details, Drug Testing Laboratory ...