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.
Sales plummeted 2.8% last month at auto dealers and slumped at furniture stores, home and garden centers. Even in the usually ...
Daily Voice Bucks County PA on MSN4d
Retail Spending Slips As Inflation Climbs In January, Adding To Economic ConcernsAfter a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and ...
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