US retail sales plunged along with temperatures in January after a bustling holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores.
January was a terrible month for retail sales thanks. Blame the cold
The average temperature in January was the lowest since 1988. U.S. retail sales dropped sharply. U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors,
US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months, suggesting a sharp slowdown in economic growth early in the first quarter.
US retail sales battered by severe weather in January
US retail sales plunged by the most in almost two years in January -- a bigger drop than forecast and one that follows an unexpected uptick in inflation that President
US retail sales and manufacturing output decline in January: here’s why
The US economy faced a dual setback in January, with both retail sales and manufacturing output recording declines. Retail sales posted their largest drop in nearly two years, while manufacturing production unexpectedly contracted,
US retail sales fall sharply in January
U.S. retail sales fell more than expected in January, likely as frigid temperatures kept consumers from automobile showrooms. Retail sales dropped 0.9% last month after an upwardly revised 0.7% increase in December,
Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the ...
January wasn't expected to break global temperature records. But it did
The planet has been shattering heat records for the past two years. That was expected to ease in January — and the fact that ...
US manufacturing output falls in January on weak motor vehicle production
U.S. manufacturing production unexpectedly fell in January, weighed down by a sharp decline in motor vehicle output.
Inflation Heated Up in January, Freezing the Fed
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
What is known about the deadly January air crash between a passenger jet and US Army helicopter
Last month, an American Airlines passenger jet and an Army helicopter collided as the plane prepared to land at Washington ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Inflation Was 3% In January—Worse Than Expected—As Egg Prices Soared 15%
The 0.5% price increase from December to January marked the worst month-over-month inflation since August 2023. Egg Prices ...
China January bank lending hits record high on policy stimulus
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...
Did Consumers Experience a Holiday ‘Hangover’ in January?
U.S. retail sales surprised economists by falling 0.9% in January, much steeper than anticipated, as economists said some ...
Employers added 143,000 jobs in January amid a slowdown in the labor market
The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.
New, active Denver real estate listings surge in January
New listings in the Denver metro real estate market surged 135% in January compared to December, while active listings ...
US import prices rise moderately in January
U.S. import prices increased slightly less than expected in January as a surge in the cost of fuels was partially offset by ...