{"id":1667722,"date":"2026-03-06T13:46:23","date_gmt":"2026-03-06T18:46:23","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1667722"},"modified":"2026-03-06T13:46:23","modified_gmt":"2026-03-06T18:46:23","slug":"us-retail-sales-dropped-in-january-as-weather-weak-gas-prices-weigh","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/us-retail-sales-dropped-in-january-as-weather-weak-gas-prices-weigh\/1667722\/","title":{"rendered":"US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>This morning&#8217;s retail sales data is for January (still lagging due to the govt shutdown) and is expected to be a decline (BofA&#8217;s omniscient analysts see a worse than consensus drop MoM, due in large part to weather disruptions).<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2026-03-06_05-28-35.jpg?itok=uX8OQ5J0\"><\/a><\/p>\n<p>The actual print was a decline but slightly better than expected at -0.2% MoM. Despite two months of no increase, sales rose 3.2% YoY in January (increased from December)<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm4FF0.jpg?itok=5BSWxyHn\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>The decline was driven by a decline in sales at gas stations (lower gas prices) and Health Personal Care Stores. <strong>Motor Vehicles sales also dropped MoM<\/strong>. Non-store (online) retailers saw sales surge MoM&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmD0D1_0.jpg?itok=dkjzXUt8\"><\/a><\/p>\n<p>Even though December&#8217;s seasonally-adjusted move was disappointing, it was a record high on a non-seasonally adjusted basis and January saw the usual big post-Xmas hangover plunge&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm3CE7.jpg?itok=rG9qN_Qt\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p><strong>A lengthy winter storm that included significant snowfall and ice across the central and eastern US likely impeded shoppers during the weather event. <\/strong>The Arctic blast triggered the most flight cancellations since the pandemic and left more than 1 million homes and businesses without power.<\/p>\n<p>Receipts at restaurants and bars, the only service-sector category in the retail report, declined 0.2% in January. Restaurants including Sweetgreen Inc. and Chipotle Mexican Grill Inc. said that sub-freezing temperatures and winter storms hindered sales.<\/p>\n<p><strong>The report showed a 0.3% increase in so-called control-group sales &#8211; which feed into the government\u2019s calculation of goods spending for gross domestic product. <\/strong>The measure excludes food services, auto dealers, building materials stores and gasoline stations.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Fri, 03\/06\/2026 &#8211; 08:46<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/us-retail-sales-dropped-january-weather-weak-gas-prices-weigh\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/markets\/us-retail-sales-dropped-january-weather-weak-gas-prices-weigh<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh This morning&#8217;s retail sales data is for January (still lagging due to the&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1667723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1667722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1667722"}],"version-history":[{"count":1,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667722\/revisions"}],"predecessor-version":[{"id":1667748,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667722\/revisions\/1667748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1667723"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1667722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1667722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1667722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}