Retail Sales Tumble 0.9% in January, Worse Than Expected

Published on February 14, 2025

The Census Bureau's Advance Retail Sales Report for January showed a sharper-than-expected decline, with headline sales falling 0.9%. Meanwhile, December's figures were revised upward to a 0.7% gain. The latest data came in weaker than the anticipated 0.2% drop in consumer spending.

Continue reading on website
Other news

Trump Moves to Impose Reciprocal Tariffs as Soon as April

February 14, 2025
President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners, raising the prospect of a wider campaign against a global system he complains is tilted against the US.

Trump Has Us Talking About Trade Again. That’s a Win

February 14, 2025
For four years, Indians sensed that the US was terrified of the word “trade.” Joint statements after summits buried trade such issues somewhere near the end; officials avoided the question at press conferences, preferring to focus instead on relatively esoteric concerns such as cooperation in space.