US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
Retail sales — a grand total of how much consumers spent in this economy — fell 0.9% from December to January. What happened?
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 ...