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February Retail Sales up, Really!

Friday, April 20, 2018 by Jennie W.
Although the coronavirus concerns began ramping up in the United States last month, retail spending didn't appear to take an immediate hit.

U.S. nonstore retail sales increased 8.2% year over year in February, according to a Digital Commerce 360 analysis of U.S. Department of Commerce advance monthly figures released Tuesday. Numbers exclude estimated fuel sales. This marked a deceleration from 10.7% growth for the month in 2019 but is a higher year-over-year growth than Januarys revised 7.8%.

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