Show an ad over header. AMP

I am the second

Why January's blowout retail sales figures matter

Data: Investing.com; Chart: Axios Visuals

January's U.S. retail sales report showed a 5.3% gain, the third-largest month-over-month increase on record, trailing only the booming numbers seen in June and July, as states opened up after nationwide shutdowns because of the coronavirus pandemic.

Between the lines: January's big number was more impressive because it was 7.4% higher than in January 2020, whereas on a year-over-year basis both June and July's reports were below their commensurate 2020 figures.

Keep reading... Show less

Related Articles

Insights

mail-copy

Get Goodhumans in your inbox

Most Read

More Stories