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U.S. Retail Sales Fall In January In Biggest Drop Since May
The U.S. retail sales unexpectedly declined in January, signaling softer consumer spending at the start of the year. The Commerce Department reported that retail sales fell 0.2 percent from December, marking the steepest monthly drop since May, according to CNN. Economists surveyed by FactSet had expected sales to remain flat. Analysts said weak consumer confidence and severe winter weather across parts of the United States contributed to the slowdown. Several retail categories recorded sharp declines. Department store sales dropped 6 percent, while personal care retailers and gasoline stations also posted noticeable ... (full story)
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Retail and food services sales in the United States decreased by 0.2% in January compared to last month's figures, landing at $733.5 billion, the US Census Bureau revealed in its report published on Friday. Meanwhile, the January figure increased by 3.2% compared with the corresponding month in 2025. Total sales for the period of three months since November ...
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Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment in health care decreased, reflecting strike activity. Employment in information and federal government continued to trend down. This news release presents statistics from ...
