CONVEX
Past Release · Retail Sales

January 2025 Retail Sales Report

Wednesday, January 1, 2025

Retail Sales printed at 615,145, a -1.06% move from the prior reading of 621,713.

615,145
Jan 1
Prior
621,713
Absolute
6,568
Percent
-1.06%

What to Watch For

  • Headline retail sales month-over-month
  • Control group month-over-month
  • Revisions to prior month
  • Category detail: online, autos, restaurants
  • Inflation-adjusted (real) retail sales

Expected Market Reaction

Strong control group: consumer discretionary up, rates up. Weak control group: defensives up, rates down, recession pricing increases.

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