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Economy News Retail Sales Rebound Strongly In January, Suggesting Economy May Be Hotter Than The Fed Likes | RobinsPost News & Noticias

British retail rebound provides some hope for recession-hit economy

The latest figures follow the news of Thursday that the British economy entered a technical recession in the final quarter of 2023. Gross domestic product declined by 0.3%, following a 0.1% ... Read More

Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season

Americans pulled back their spending in January after splurging during the holiday season. Retail sales fell 0.8% from the strong pace in December when retail sales were up a revised 0.4%, according ... Read More

The U.K. just entered a recession—but a surprise boost from strong retail sales could be the glimmer of hope its economy needed

Though one economist warned that “January’s bounce should be taken with just as much of a pinch of salt as December’s fall." ... Read More

Economy started 2024 strong with 353,000 jobs in January

The economy crushed expectations in January ... retail, government, and manufacturing. Wage growth was strong last month according to the report. Average hourly earnings increased by about double ... Read More

How a Strong Economy May Not Work for Biden or Trump in 2024

In a normal election year, an incumbent president would rejoice at an economy like the current one. Low unemployment, strong ... than Democrats. The reality is sinking in that the Fed may wait ... Read More

Strong January Jobs Report Takes March Fed Rate Cut Off the Table

The January jobs report showed that the U.S. economy ... rate at its May meeting versus a 29% chance of holding rates steady. Just a month ago, the market was suggesting the Fed would be making ... Read More

Why Cut Rates in an Economy This Strong? A Big Question Confronts the Fed.

But with growth and consumer spending chugging along, explaining it may ... economy is experiencing surprisingly strong growth? The United States’ economy grew 3.1 percent last year, up from ... Read More

New-car sales rebound sharply in first weeks of January

The strong start to 2024 follows record light-vehicle shipments and output in China last year. In the latest three-week period, retail sales ... result, January has more working days than January ... Read More

Realtors report January sales rebound after historically down 2023

Almost 2,000 local homes, condos and townhomes sold in January, meaning sales were up nearly 12% for homes and 20% for condos and townhomes. There were more than 3,550 single-family homes and over ... Read More

Economic growth continues, as latest GDP data shows strong 3.3% pace last quarter

"Whichever way you slice it, this report caps a year of stellar economic growth performance, particularly with the backdrop of the Fed ... than the retail sales report indicated. Brusuelas ... Read More

Retail sales fall 0.8% in January from December as shoppers take a break after strong holiday season

Retail sales fell 0.8% in January from the strong pace in December when they rose a revised 0.4%, according to the Commerce Department’s report on Thursday. Read More

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