USD

U.S. Retail Sales Dip Less Than Expected In January

(RTTNews) - A report released by the Commerce Department on Friday showed a modest decrease by retail sales in the U.S. in the month of January.

The Commerce Department said retail sales dipped by 0.2 percent in January after coming in unchanged in December. Economists had expected retail sales to decrease by 0.4 percent.

Excluding sales by motor vehicles and parts dealers, retail sales remained flat in January after coming in unchanged in in December. Ex-auto sales were expected to inch up by 0.1 percent.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.