This doesn’t surprise me
Retail sales, which captures spending on all goods and food services, fell 0.8% in January
That was even lower than the downwardly revised 0.4% increase in December, and well below economists’ expectations of a 0.1% decline
Black Friday was huge and early January showed signs of slowing spend, a holiday hangover of sorts.
Tax season and spring might thaw things a bit, but we’re back in the land of general economic uncertainty (which I have thoughts on)
via CNN