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New data out Friday showed retail sales declined more than expected in the first month of 2025.
Headline retail sales fell 0.9% in January, more than the 0.2% decline economists had expected, according to Bloomberg data. This marked the largest month-over-month decline in retail sales since January 2024.
Retail sales in December were revised up to 0.7% from a prior reading that showed a 0.4% increase in the month, according to Census Bureau data.
"The traditional holiday hangover and a nasty ...
>>> Read more: Retail sales see biggest drop in a year to start 2025
Headline retail sales fell 0.9% in January, more than the 0.2% decline economists had expected, according to Bloomberg data. This marked the largest month-over-month decline in retail sales since January 2024.
Retail sales in December were revised up to 0.7% from a prior reading that showed a 0.4% increase in the month, according to Census Bureau data.
"The traditional holiday hangover and a nasty ...
>>> Read more: Retail sales see biggest drop in a year to start 2025
