retail sales

Retail spending on non-essential goods in the U.S. has slumped by 4% in early 2025, a stark reminder of the 2008 financial crisis, according to economist Craig Shapiro. What Happened: The macro strategist at Bear Traps Report, Shapiro, links this downturn to growing consumer panic over artificial...

Editor’s Note: This article has been updated with additional content. U.S. consumers showed signs of strain in May, as a key spending gauge contracted for the second time this year, fueling concerns of a demand slowdown amid tariff-related trade uncertainty. Headline retail sales slumped 0.9...

March retail sales exceeded expectations despite weather delays and a late Easter, J.P. Morgan analyst Christopher Horvers wrote in a Wednesday research note. What Happened: March retail sales rose 4.6% year-over-year, accelerating from 3.5% in February and slightly exceeding Bloomberg's forecast...

Stocks were little moved during midday Monday trading in New York, as a mixed retail sales report failed to generate a bullish response from investors. Retail sales rose 0.2% month-over-month in February, rebounding from a concerning 1.2% decline in January but falling short of the 0.6% forecast....

U.S. retail sales showed a rebound in February following a sharp decline in January, yet the pace of the broader recovery fell short of economists’ expectations, underscoring some challenges facing the American economy in the first quarter. Retail sales rose 0.2% month-over-month in February...

Consumer spending took a sharp hit in January, with retail sales plunging far more than expected, raising concerns about the strength of economic growth. The Commerce Department data released on Friday signals potential headwinds as the Federal Reserve assesses its next policy moves. What Happened...

Black Friday in the U.S. saw unprecedented online sales this year, with generative AI chatbots being a key driver in boosting retail website traffic. What Happened: The online expenditure during the shopping festival hit $10.8 billion, a 10.2% jump from 2023. According to a report by Barron...

Chinese retail sales grew by 4.8% year-on-year in October picking up from September’s 3.2% growth, as per the National Bureau of Statistics on Friday. That annual retail sales forecast exceeded the 3.8% growth precited by a Reuters poll. What Happened: The robust growth in Chinese retail...

Kohl’s Corporation (NYSE:KSS) is expected to fall short of year-over-year earnings when it releases second-quarter earnings before Wednesday’s opening bell. Telsey Advisory Group said in an Aug. 21 note that it expects Kohl’s to post earnings per share of $0.48 and $3.61 billion...

Economists had high praise for July’s retail sales numbers on Thursday, but they believe that the Federal Reserve will still cut rates in September in the face of rising unemployment. “Today's retail sales numbers were a blowout versus consensus, but more importantly it should lay to...

June’s U.S. retail sales report indicates that increasingly careful consumers are still opening their wallets, despite a stagnant reading on Tuesday, economists say. U.S. retail sales remained flat in June, falling from an upwardly revised 0.3% growth in May to zero growth and matching the...

Traders woke up on Wednesday to new updates on last month’s inflation and retail sales trends, indicating slowing price pressures and a weaker-than-expected consumer spending in the U.S. As a reminder, the headline inflation rate slowed as predicted from 3.5% to 3.4% year-on-year in April...

The yields on U.S. Treasury notes have almost entirely retraced their surge following the release of the hotter-than-expected January inflation report. This indicates a swift shift in investor sentiment amidst conflicting economic indicators. The 10-year Treasury note saw a decrease to 4.21%...

Retail sales experienced a sharp slowdown in January following robust holiday-driven performance in the last month of 2023. Among other data released Thursday morning, signs of recovery emerged from surveys on manufacturing activity in New York and in the third Federal Reserve District of...

Retail sales reached new heights in December 2023, defying expectations and demonstrating the strong resilience of U.S. consumer demand. The U.S. Census Bureau’s latest advanced estimate revealed that retail and food services sales in December amounted to $709.9 billion. Key Highlights: In...