The Commerce Department says consumer spending, once tweaked to take out the effect of inflation, was flat in January — just as it was in December.

来自商业部的说法，一度被视为消除通胀效应良方的消费者支出在一月份表现平平，同去年十二月份相比毫无起色。

youdao

After Lincoln issued the Emancipation Proclamation that took effect on January 1, 1863, it became clear that northern victory would mean the end of slavery.

林肯发表了于1863年生效的《解放宣言》后，人们清楚地看到北方的胜利将意味着奴隶制的结束。

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This is the last Lightfair before new regulations governing lightbulb efficiency begin to take effect in the US in January, and there’s a real sense of history and urgency on the show floor.

这是在一月份美国颁布规定灯泡效率新法规之前的最后一次“灯市”，在会场上也可以感受到历史感和紧迫感。

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it takes effect in January. The new law may not go as far as some would like, but the action is historic.

VOA: special.2009.05.27

Since the agreement went into effect in January, some textile factories have gone out of business.

VOA: standard.2010.05.13

We controlled for other well-known fixed calendar (we call them Gregorian anomalies), notably,day of the week effect, like Monday,January effect, Halloween effect, and none of those factors explained results.

VOA: standard.2010.08.05

What about combining of these two factors, The January Effect in small-caps and the Presidential Cycle?

FORBES: Get Ready For A Turbo Charged January Effect

By December 14, the weekly OBV was above its WMA, confirming the January effect.

FORBES: The Power of Volume

The January effect is the tendency of low price, small-capitalization stocks to outperform in January.

FORBES: Why There May Be A January Effect For Large-Cap Stocks