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US retail sales slumped 8.7% in March, their worst monthly decline on record in the data available from the Census Bureau, which dates back to 1992. Excluding autos and gas, retail sales fell by 3.1%.
Retail sales fell 0.9% in January from the previous month, the Commerce Department said, after two months of healthy gains. It was a much bigger drop than economists expected and the biggest ...
The plunge in retail spending is a key reason why the U.S. economy is contracting. Retail sales account for roughly half of all consumer spending, which fuels about 70% of total economic activity.
Retail sales plunged 0.9% in January from the prior month, the Commerce Department said Friday. That’s down sharply from December’s upwardly revised 0.7% gain and well below economists ...
A jump in US retail sales boosted world markets Thursday even as investors mulled the US rates outlook, US President Donald ...
US retail sales plunged along with temperatures in January after a bustling holiday season. ... Retail sales fell 0.9% in January from the previous month, the Commerce Department said, ...
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US retail sales battered by severe weather in January - MSNUS 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 Donald Trump has vowed to tame.
BALTIMORE (AP) — U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores ...
WASHINGTON (AP) — U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors, denting sales at car dealers and most other stores. Retail sales dropped 0.9% ...
Retail sales plunged 0.9% in January from the prior month, the Commerce Department said Friday. That’s down sharply from December’s upwardly revised 0.7% gain and well below economists ...
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