US Retail Sales Experience Slight Increase Last Month, Comes Up Short of Expectations

CNN
Retail sales came in weaker than expected, another bad sign for the US economy

President Donald Trump’s whipsawing trade spat with America’s biggest trading partners has spurred high levels of uncertainty among consumers and businesses. That skittishness has been evident across many consumer surveys and now shoppers seem to be adjusting their purchasing behavior accordingly. Retail sales account for about a third of overall spending in the US.

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Reuters
US retail sales rebound moderately in February

U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the first quarter, though at a moderate pace as tariffs on imports and mass firings of federal government workers weigh on sentiment. Retail sales rose 0.2% last month after a revised 1.2% decline in January, the Commerce Department's Census Bureau said on Monday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.6% after a previously reported 0.9% drop in January.

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Newsmax
US Retail Sales Rebound Moderately in February

U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the first quarter, though at a moderate pace as tariffs on imports and mass firings of federal government workers weigh on sentiment. Retail sales rose 0.2% last month after a revised 1.2% decline in January, the Commerce Department's Census Bureau said on Monday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.6% after a previously reported 0.9% drop in January.

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US February retail sales +0.2% vs +0.6% expected
"Our topline performance for the month was soft," Target CFO Jim Lee said at the start of March. He highlighted poor weather but said that "declining consumer confidenceimpacted our discretionary assortment overall" The control group is the best metric of consumer momentum and it rebounded nicely in February after a weak showing in January.
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S&P 500: US Indices Slip Pre-Market as Volatility Rises Ahead of Retail Sales
S&P 500 and US indices slip in pre-market ahead of retail sales data. Investors brace for market volatility as Fed policy and economic concerns loom.
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U.S. retail sales see modest rise, fall short of forecasts By Investing.com
Retail sales rose by 0.2% recently, a modest increase but significantly below the forecasted growth of 0.6%. This figure represents the total change in the value of sales at the retail level. The modest rise in retail sales suggests some level of recovery in consumer spending, which accounts for the majority of overall economic activity.
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Retail Sales Disappoint In February, Despite Major Downward Revisions
February retail sales disappoint, rising just 0.2% MoM vs +0.6% exp. Food Services & Gas Stations saw the biggest drop in nominal sales. Non-store retailers (online) saw sales soar the most. On a non-seasonally-adjusted basis, retail sales are actually down YoY.
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US shoppers modestly increased spending last month as concerns rise about economy
US shoppers modestly increased spending last month as concerns rise about economy. Retail sales rose just 0.2% in February, a small rebound after a sharp drop in January. Sales rose at grocery stores, home and garden stores, and online retailers. Sales fell at auto dealers, restaurants, and electronics stores.
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Retail sales came in weaker than expected, another bad sign for the US economy
By Bryan Mena, CNN Washington (CNN) — Spending at US retailers last month was much weaker than expected, in a troubling sign that the American
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US Retail Sales Rise by Less Than Forecast After January Drop
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.
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Retail sales increased 0.2% in February, though spending up less than expected
Retail sales increased 0.2% on the month, better than the downwardly revised decline of 1.2%. The so-called control group, which strips out noncore sectors, rose a better-than-expected 1%. The New York Fed's measure of factory activity in the region posted an unexpectedly sharp drop for March.
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Retail sales increased 0.2% in February, though spending up less than expected
Retail sales increased 0.2% on the month, better than the downwardly revised decline of 1.2%. Excluding autos, the increase was 0.3%, in line with expectations. Online spending helped boost the sales number for the month; nonstore retailers reported a 2.4% increase.
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Retail sales rose modestly in February, but fell short of forecasts
Retail sales rose a modest 0.2% in February, missing forecasts. Consumer spending accounts for roughly two-thirds of economic activity. Sales in January was also revised down, according to the figures. Last week, consumer sentiment dropped to a two-year low on concerns about economic growth.
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Retail sales increased 0.2% in February, though spending up less than expected
Retail sales increased 0.2% on the month, below the Dow Jones estimate for a 0.6% increase. Excluding autos, the increase was 0.3%, in line with expectations. The sales number is adjusted for seasonal factors but not for inflation. Online spending helped boost the sales number for the month.
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US shoppers increased spending tepidly last month as anxiety over the economy rises
US shoppers increased spending tepidly last month as anxiety over the economy rises. Retail sales rose just 0.2% in February, a small rebound after a sharp drop in January. Sales rose at grocery stores, home and garden stores, and online retailers. Sales fell at auto dealers, restaurants, and electronics stores.
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Sponsored

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Ditch the disposables and switch to an American-made safety razor and get a better shave.
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