US: Subdued start to 2025

Capt. John

Retail sales dragged down by weather and LA fires We thought a soft January retail sales report was likely given the cold weather and the Los Angeles fires, but it is worse than even our pessimistic forecasts. Headline sales were down 0.9% month-on-month in nominal terms (consensus -0.2%) while the...

https://www.hellenicshippingnews.com/us-subdued-start-to-2025/

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