CNBC/NRF Retail Monitor’s January Data Shows Fourth Consecutive Monthly Gain

Retail sales saw a moderate monthly increase and strong year-over-year gains in January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by NRF.

“Consumers demonstrated continued resilience in January, showing moderate spending growth on the heels of record-high spending during the holiday season,” NRF President and CEO Matthew Shay said. “This was the fourth consecutive month that sales rose from the month before, and year-over-year gains were particularly strong. Consumer spending continues to drive the broader economy forward, supported...

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