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December Retail Sales Miss Expectations

economic
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02/11/2026, 12:58 PM
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December Retail Sales Miss Expectations
The US December retail sales report did not grow as expected and remained unchanged month-on-month, while the market had anticipated an increase of about 0.4 percent, The control group, which is the basis for calculating consumption in GDP, also fell 0.1 percent, showing weaker consumer momentum at the end of the year, Declines in sectors such as clothing, furniture, and autos were the main drivers of this performance, while signs of cost-of-living pressures and weak discretionary spending, especially among low-income households, were observed, Economists expect that tax refunds and wealth effects in early 2026 will partly support consumer demand despite this weakness.
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