← Writing
Feb 15, 2024 · 1 min read

This doesn’t surprise me

> Retail sales, which captures spending on all goods and food services, fell 0.8% in January
> That was even lower than the downwardly revised 0.4% increase in December, and well below economists’ expectations of a 0.1% decline

Black Friday was huge and early January showed signs of slowing spend, a holiday hangover of sorts.

Tax season and spring might thaw things a bit, but we’re back in the land of general economic uncertainty (which I have thoughts on)

via CNN