American consumers pulled back their spending to start 2026, extending the slump in retail sales that began late last year.
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Sales at health and personal health stores were among the worst performers, falling 3% from December. Gas stations saw declines in receipts of 2.9% and sales at clothing stores fell 1.7% from December.
Among the categories that saw gains were home furnishings and building materials, which includes landscape and gardening supplies. Sales at furniture and home furnishing stores rose 0.7%, while building materials sales rose 0.6%.
Compared with a year earlier, sales in January were up 3.2%.
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