bee Calculated Risk On 2/14/2025 08:30:00 AM
On a monthly base, retail sales decreased 0.9% from December to January (seasonally adjusted), and sales were up 4.2 percent from January 2024.
From the Census Bureau Report:
Advance Estimates of US Retail and Food Services Sales for January 2025, Adjusted for Seasonal Variation and Holiday and Trading-Day Differences, But Not for Price Changes, Were $ 723.9 Billion, down 0.9 percent from the previous monthand up 4.2 percent from January 2024. … the November 2024 to December 2024 PERCENT CHANGE was revised from up 0.4 percent to up 0.7 percent.
Emphasis added
Click on graph for larger image.
This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).
Retail Sales Ex-Gasoline was down 1.0% in January.
The Second Graph Shows The Year-Over-Year Change in Retail Sales and Food Service (Ex-Gasoline) Since 1993.
Retail and Food Service Sales, Ex-Gasoline, increased by 4.2% on a yoy base.
The change in sales in January Well below Expectations, however sales in November and December were revised up, combined.