In November 2025, US retail sales growth experienced a slowdown, falling to a rate of 0.4% from 0.6% in October, according to the latest data update on January 14, 2026. This marks a month-over-month decrease, indicating a tapering off of the robust retail momentum seen earlier in the fall.
October's retail growth of 0.6% had previously suggested strong consumer confidence heading into the holiday season. However, the recent slowdown to 0.4% in November may hint at caution among consumers as economic conditions evolve. Analysts are closely monitoring these trends to assess the potential impacts on the broader economic outlook.
This decline in retail growth over the month suggests that while spending continues to increase, it is doing so at a more modest pace, which could influence retail strategies and economic forecasts in the short term. Stakeholders are awaiting December figures to determine if this trend will continue through the end of the year.
