Retail Sales Tumble 0.9% in January, Worse Than Expected
Portfolio Pulse from
The Census Bureau's Advance Retail Sales Report for January revealed a 0.9% decline in retail sales, marking the largest drop since March 2023 and the first decline in five months. December's figures were revised upward to a 0.7% gain.
February 14, 2025 | 6:15 pm
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NEGATIVE IMPACT
The decline in retail sales could negatively impact the Amplify Online Retail ETF (IBUY), as it reflects a broader slowdown in consumer spending.
IBUY is an ETF focused on online retail, and a decline in retail sales suggests reduced consumer spending, which could negatively impact the ETF's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80