US Retail Sales Rise by Less Than Forecast After January Drop

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US Retail Sales Rise by Less Than Forecast After January Drop

Bloomberg03-17

US retail sales rose by less than forecast in February and the prior month was revised lower, adding to concerns of a pullback in consumer spending.The value of retail purchases, not adjusted for ...

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Firestone
·03-17
Be careful of today market..🤞
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- Kakaka:
  这篇文章不错，转发给大家看看
  03-17
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JP25
·03-17
Signs that a rate cut is coming..
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Excluding autos, sales advanced 0.3%.The retail report largely encompasses spending on goods, which is especially relevant now as President Donald Trump imposes tariffs on a swath of imports from major trading partners — likely driving up prices. That’ll not only hit low-income consumers who are already strapped for cash, but also wealthier Americans as a recent stock-market selloff discourages big investments.Seven of the report’s 13 categories posted decreases, notably motor vehicles — which were expected to rebound from a weak January. Gasoline sales, as well as those of electronics and apparel were also lower. 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