December Retail Sales Missed Expectations. Holiday Sales Were Still Solid.
Retail sales gained 0.4% in December from November, slightly below projections for a 0.5% increase, according to FactSet.
US 2024 holiday season retail sales exceed expectations
The surge in sales volume from 1 November to 31 December 2024 exceeds National Retail Federation (NRF) projections of 2.5% to 3.5%. The NRF utilised data from the US Census Bureau, excluding automobile dealerships, gasoline stations and dining establishments, to concentrate on core retail.
Surprise fall in retail sales in December, ONS figures show
December retail sales figures mean it's more likely the economy flatlined in the final three months of the year, meaning there will be no growth for the second half of 2024.
Retail Sales Grew Modestly In December
Retail and food services sales for December 2024 continued to grow, proving that despite an inflationary economy, Americans are still shopping.
Retail sales growth comes in cooler than expected in December
Retail sales rose 0.4% M/M in December to $729.2B, lagging the +0.6% consensus and slowing from the +0.8% pace in November (revised from +0.7%), according to U.S. Census Bureau data released on Thursday.
UK retail sales shrink unexpectedly in December, adding to glum data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the fourth quarter,
UK retail sales plunged in December as Budget fallout spread
UK retail sales slumped in December, despite expectations of a Christmas bounce, thanks to rapidly falling food sales.
US Retail Sales Rose Modestly Last Month Amid Solid Holiday Shopping, Boosting Economy
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop
UK retail sales fall unexpectedly in December, adding to downbeat data
British retail sales fell unexpectedly in December, according to official data on Friday that added to a run of downbeat economic indicators that are likely to further boost expectations for a Bank of England interest rate cut next month.
Nation's largest trade group: holiday sales rose a better-than-expected 4%
Holiday sales in November and December rose 4% to $994.1 billion compared with the previous year, according to the National Retail Federation, the largest retail trade group in the U.S. For the holiday period in 2023,
Latest Retail Sales Report Supports Growth Outlook Despite Modest Pace
December 2024 retail sales were positive but slightly below expectations, with a monthly increase of 0.4%. Four consecutive ...
U.K. Retail Sales Decline on Disappointing Christmas Shopping
Retailers recorded a dispiriting December, with not even the Christmas and Black Friday shopping periods saving them from ...
Sterling drops as weak retail sales add to stagnation woes
The pound dropped against the dollar and euro on Friday, after data showed that British retail sales fell unexpectedly in ...
FTSE 100 Live 17 January: Index nears record, retail sales in surprise fall
Retail sales volumes fell by 0.3% in December, figures from the Office for National Statistics showed today. Falls in ...
December retail sales fade, but core gains test Fed rate cut bets in 2025
U.S. retail sales faded over the final month of the year, but a key reading on spending that feeds into economic-growth ...
U.S. Consumers Couldn’t Keep Up Their Surprise Streak in December
Retail sales were higher in December, but they didn’t come in ahead of economist estimates. This broke a six-month streak of ...
US retail sales exit 2024 with momentum; labor market on solid ground
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong ...