Following recent declines in U.S. retail sales, the Commerce Department released a report on Wednesday showing retail sales rebounded by much more than anticipated in the month of January.The Commerce Department said retail sales spiked by 5.3 percent in January after sliding by a revised 1.0 percent in December.Economists had expected retail sales to climb by 1.1 percent compared to the 0.7 perce...
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.