January Core Sector Growth

US retail sales plunge in January as temperatures drop post-holiday season

US retail sales dropped sharply last month, in part because cold weather kept more Americans indoors, denting sales at car dealers and most other stores. Retail sales dropped 0.9 per cent in January from the previous month, the Commerce Department said, after two months of healthy gains. It was a much bigger drop than economists expected and the biggest decline since last January. The average temperature in January was the lowest since 1988, according to Pantheon Macroeconomics, and was particularly disruptive in the South. Devastating fires in Los Angeles may have also impacted spending. Sales plummeted 2.8 per cent last month at auto dealers and slumped at furniture stores, home and garden centres. Even the usually strong online retail sector saw a 1.9 per cent decline. Sales rose at general merchandise stores, a category that includes big retailers like Walmart and Target, and at restaurants and bars. In addition to cold weather, the decline could reflect falling consumer ...

In the fast lane: Retail car sales hit a record in Jan on wedding demand

Concerns persist regarding PV inventory levels, which are now within the 50-55 day range

Output of eight core sectors at 3.7% in Jan: Govt data

Production of eight infrastructure sectors expanded by 3.7 per cent in January against 1.3 per cent in the same month last year on better show by coal, natural gas and cement industries

Core sector grows by 2.2% in January as power generation picks up

The infrastructure sectors had expanded by 1.5 per cent in January 2019

Jan core sector growth sharply rises to 6.7%; cement, refinery output zoom

The core sectors' cumulative growth rate for the April-January 2017 period was 4.3%