
January retail sales declined modestly from holiday season
While the latest CNBC/NRF Retail Monitor shows a slowdown following the holidays, it also highlights ongoing consumer confidence and spending capacity.
While the latest CNBC/NRF Retail Monitor shows a slowdown following the holidays, it also highlights ongoing consumer confidence and spending capacity.
As the holiday shopping season gains momentum, new data provides an optimistic outlook for retailers. Consumers’ willingness to spend amid stable economic conditions sets the stage for a vibrant holiday season.
"Healthy spending resumed in October as consumers continued to benefit from this year’s job gains and higher wages.”
CNBC/NRF Retail Monitor finds total sales were up 2.08% year over year for the first eight months of the year.