January 2015 Retail Sales


ECONODAY: Lower gasoline prices continue to tug down on retail sales. And consumers are not yet putting higher discretionary income into spending on non-gasoline categories of retail sales even as confidence has improved. Retail sales in January fell 0.8 percent after declining an unrevised 0.9 percent in December. Excluding autos, sales decreased 0.9 percent-the same pace of decline as in December. Analysts expected a 0.5 percent decrease. Auto sales declined 0.5 percent after a drop of 0.8 percent in December...