February Retail Sales Recover but Fall Short of Expectations

Reported about 15 hours ago

U.S. retail sales increased by 0.2% in February after a revised 1.2% drop in January, indicating moderate growth in the economy amid challenges like tariffs and government layoffs. Economists had projected a 0.6% uptick. Despite the slight recovery, the overall sentiment remains cautious as the market responds to mixed signals about consumer spending and broader economic conditions.

Source: YAHOO

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