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.
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%.
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.
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.
Canada December retail sales up 2.5% on food, autos; seen down 0.4% in January
Canadian retail sales grew by 2.5% in December from November at C$69.59 billion ($49.05 billion), led by increased sales at food and beverage retailers, as well as motor vehicle and parts dealers, Statistics Canada said on Friday.
January retail sales up 5.44%, consumer confidence falls
Consumer spending in January was down from the robust pace in December but still posted a 5.44% gain when compared with January 2024, according to the National Retail Federation
Michigan retailers start 2025 strong with positive January sales
Annual data shows that 48% of Michigan retailers saw an increase in sales during 2024, while 47% saw a decrease and 5% noted no change. When asked about their overall sales outlook for the current year, 58% of retailers surveyed said they expect 2025 sales to exceed 2024.
UK retail sales leap in January as consumers defy weak outlook
LONDON (Reuters) -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 Decline 0.9% in January, More Than Expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report released on Friday.
Retailers bounce back as January sales defy Britain's economic woes
UK retailers enjoyed a much better January than expected, with sales showing a cautious return to form after a dismal golden quarter performance.
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 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 existing home sales fall more than expected in January
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates ...
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Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and ...
January Home Sales Fall as High Mortgage Rates, Prices Freeze Out Would-Be Buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
Housing market mired in slump as January home sales drop more than expected
Sales of previously occupied US homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9% last ...