While real retail sales, excluding gasoline, motor vehicles and parts, remain healthy, growing 2% annually, retail sales gains slowed in the second half of 2025. Annualized sales gains remain slightly below the annual average of 2.3% achieved during 2015 to 2019, as of the latest November reading.
Once a catalyst, housing-related companies still drag on logistics demand
Distributors retain elevated inventory-to-sales ratios
By Juan Arias
CoStar AnalyticsFebruary 9, 2026 | 5:01 P.M.
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