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US retail sales down by 0.2% in January
Retail and food services sales in the United States decreased by 0.2% in January compared to last month's figures, landing at $733.5 billion, the US Census Bureau revealed in its report published on Friday. Meanwhile, the January figure increased by 3.2% compared with the corresponding month in 2025. Total sales for the period of three months since November 2025 were up by 2.9% year-on-year. Nonstore retailers rose by 10.9% compared to 2025, while the food service and drinking places increased by 3.9% year-on-year.
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Retail sales unexpectedly declined in January
Spending at US retailers unexpectedly fell in January as consumer confidence languished and harsh cold weather buffeted various parts of the country. Retail sales declined 0.2% in January from the prior month, the Commerce Department said Friday, falling for the first time since October. January’s reading came in below expectations of 0%, according to a poll of economists by data firm FactSet. The figures are adjusted for seasonal swings but not inflation. The report was delayed a few weeks because of last year’s government shutdown. A persistent streak of weak or declining spending would spell trouble for the US ... (full story)
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From bls.gov|Mar 6, 2026|71 commentsTotal nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. ...
From brecorder.com|Mar 6, 2026Aluminium prices rose again on Friday after snapping a three-day winning streak in the previous session, and were heading for their biggest weekly jump in more than 18 months as ...
From @FirstSquawk|Mar 6, 2026|5 commentsFED'S WALLER SAYS WAR IS UNLIKELY TO CAUSE SUSTAINED INFLATION Fed's Waller: If it lasts longer, it could have a broader impact FED'S WALLER: IF ENERGY PRICES ARE UNWOUND IN A FEW WEEKS OR A COUPLE OF MONTHS, IT WILL CAUSE A PROBLEM FOR THE FED ... Fed's Waller: The energy shocks of the 70s came in waves, and prices never came back down Fed's Waller: I'm almost certain January payrolls will get revised down
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From @financialjuice|Mar 6, 2026|3 commentsFed's Daly: Job numbers not a clear read, but also not a wrong read Fed's Daly: Both of goals are risks now Fed's Daly: I hoped last year's rate cuts would put a floor under the job market, but this report has my attention. Fed's Daly: If break-even is 30k, we are below that, but it's only a couple months of data FED'S DALY: NO ONE MONTH OF DATA IS DECISIONAL
From @realDonaldTrump|Mar 6, 2026|39 comments
There will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our wonderful and very brave allies and partners, will work tirelessly to bring Iran back from the brink of destruction, making it economically bigger, better, and stronger than ever before. IRAN WILL HAVE A GREAT FUTURE. “MAKE IRAN GREAT AGAIN (MIGA!).” Thank you for your attention to this matter! President DONALD J. TRUMP
From theguardian.com|Mar 6, 2026|1 commentThe US lost 92,000 jobs in February, a major slackening in the labor market that came just before Donald Trump threw the global economy into upheaval with his conflict in Iran. ...
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