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Retail sales rose less than expected in February and saw downward revisions for January amid fears the US economy may be growing slower than Wall Street initially thought to start 2025.
Headline retail sales rose 0.2% in February, less than the 0.6% increase economists had expected, according to Census Bureau data. Retail sales in January were revised lower to a decline of 1.2% from a prior reading that showed a 0.9% decrease in the month.
The control group in Thursday's release, which exclude...
>>> Read more: Retail sales rise less than expected in February
Headline retail sales rose 0.2% in February, less than the 0.6% increase economists had expected, according to Census Bureau data. Retail sales in January were revised lower to a decline of 1.2% from a prior reading that showed a 0.9% decrease in the month.
The control group in Thursday's release, which exclude...
>>> Read more: Retail sales rise less than expected in February
