Retail sales soared 1.9% in the week ended January 12, after a 2.1% increase in the prior week, according to the weekly retail sales report released by Johnson Redbook Tuesday.

Month-to-date, January was up 2.0% compared to January of last year (relative to a target of a 2.3% gain). Month-over-month showed a 0.3% drop (relative to a target of a flat reading).

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