2024-02-16 03:30:00 ET
Summary
- January and February are the worst months of the year for retail sales overall; December is the best month of the year.
- In January 2024, retail sales plunged by 16.6% from December.
- For non-store retailers (mostly ecommerce), the best month by far is December, and January or February is usually the worst.
A good time to look at seasonality and inflation/deflation in retail sales, especially as prices of goods have dropped. ...
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For further details see:
Do Retail Sales Show Consumers Cut Back?