Top 10 things the Club is watching Wednesday, Feb. 15 1. Consumers are still spending . Retail sales for January came in higher than expected. Up 3% month over month versus an expected increase of 1.9%. Ex-autos sales were up 2.3% versus 0.9% expected. Ex-autos and gas sales were up 2.6% versus 0.9% expected. All categories up from December 2022, only electronics and appliance stores fell year over year.
Ex-autos and gas sales were up 2.6% versus 0.9% expected. All categories up from December 2022, only electronics and appliance stores fell year over year. Remember, retail sales are not adjusted for inflation, which of course remains elevated but
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