Retail sales slump. Cold snap and post-holiday blues depress spending. - MarketWatch
1. Retail sales fell 0.9% in January, affecting consumer spending trends. 2. Severe winter weather contributed to reduced spending and lower auto sales by 3%. 3. Retail sales growth was strong in late 2023, but January’s decline raises concerns. 4. Higher gas prices drove gains in gas station receipts, reflecting price inflation. 5. President Trump's economic policies are creating uncertainty, affecting business sentiment.