February Retail Sales Increased 2.7 Percent Over 2018
“The weaker-than-expected February retail sales numbers reflect colder weather and increased precipitation that kept shoppers home but were also skewed downward because of the government’s upward revision in January’s results,” NRF Chief Economist Jack Kleinhenz said. “The aftereffects of the erratic stock market, the government shutdown and slower tax refunds this year also likely played a role...
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