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US retail sales slip in January, marking an eight-month low

1 min read
Source: CNN
US retail sales slip in January, marking an eight-month low
Photo: CNN
TL;DR Summary

U.S. retail sales fell 0.2% in January—the largest drop since May—dragged by department stores, personal care shops and gasoline stations, while the core retail measure (the control group) rose about 0.35%, signaling underlying demand. The Commerce Department report was delayed by last year’s government shutdown, and economists expect bigger tax refunds to bolster spending in early 2026.

Topics:business#business#consumer-spending#economy#government-shutdown#january#retail
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  1. Retail sales fell more than expected in January, biggest drop in eight months  CNN
  2. Winter Storm Fern cast a chill on retail sales, but spending slump is unlikely to last  MarketWatch
  3. Retail sales decline less than expected in January  Seeking Alpha
  4. US Retail Sales Fell in January on Fewer Vehicle Purchases  Bloomberg
  5. Retail sales fall modestly in January as American consumers pull back on spending  KXAN Austin

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