Auto Sales

Last month, receipts at auto dealers fell 2.1 percent. It was the second consecutive month of decreases. Auto manufacturers complained last week that frigid temperatures had hurt sales. Retail sales excluding automobiles were flat.

Retail Sales

Cold weather across much of the nation contributed to a drop in retail sales in January. Americans spent less on autos and clothes and at restaurants — a decline that suggests that momentum from consumer spending at the end of 2013 has tailed off.

U.S. retail sales fell unexpectedly in January and more Americans filed for jobless benefits last week, the latest signs the economy started the year on softer footing as unseasonably cold weather took its toll.

Cold Weather

Large parts of the country have been gripped by freezing temperatures and snow storms, which have been blamed for weak hiring over the past two months. Economists, however, are not worried yet and look for a rebound in the second quarter.

What do the Economic Reports reveal about the state of the economy?

Economic slowdowns caused by winter weather usually lead to stronger growth once temperatures rise again. But the repeated battering of snowstorms this winter means that waiters, limousine drivers and other hourly workers might never recoup their lost wages later this year.

Factories received fewer orders last month. The number of Americans who have signed contracts to buy homes has plummeted to its lowest level in more than two years.

And the past two monthly job reports were sluggish. Only 113,000 workers were added in January. That's slightly better than the 75,000 jobs for December. But combined, it's about half the pace of average monthly job gains over the past two years.

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