Does data mean retailers are pulling back?
We got some number today hot off the keyboards of the folks at the Commerce Department. They show that retail spending in January was lower than December by 0.3 percent. That dip was notable because the consensus was actually that it would be slighter higher. A drop when you’re expecting an increase, that turned some heads.
Click the audio player above to hear the full story.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?