U.S. retail sales slump in January – and December doesn’t look so good now either

• February 14, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, Your Real Estate Life

Sales at U.S. retailers fell by 0.3% in January — the biggest drop in almost a year — largely because of declines at auto dealers and home centers. And a previously reported increase in sales in

December was wiped out.
Economists had forecast a 0.2% increase in sales.

Excluding autos, retail sales were flat last month. And sales slipped 0.2% if autos and gas are stripped out.