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home / news releases / IYY - Retail Spending Rebounded In January


IYY - Retail Spending Rebounded In January

  • Retail sales and food services spending rose 3.8% in January following a 2.5% drop in December.
  • The strong gain suggests first quarter gross domestic product may be off to a good start.
  • Core retail sales, which exclude motor vehicle dealers and gasoline retailers, also jumped 3.8% for the month, following a 3.2% fall in December, leaving that measure with a 11.4% gain from a year ago.

For further details see:

Retail Spending Rebounded In January
Stock Information

Company Name: iShares Dow Jones U.S.
Stock Symbol: IYY
Market: NYSE

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