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Retail sales make surprising jump in January

After a long six months of watching retail sales continue to slip, we get a bit of good news today, as January retail sales actually moved a bit higher.

Before today's announcement, analysts had been expecting that January would be the seventh straight month of falling retail sales, and the consensus was that we would see around 0.8% in the month. The good news is that retail sales were indeed higher in January, with a reported 1% jump during the month.

Continue reading Retail sales make surprising jump in January

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Last updated: May 28, 2012: 02:36 PM

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