Home / Market Update / US: Retail Sales Decline by 3% in February

US: Retail Sales Decline by 3% in February

Retail Sales in the US fell by 3% in February to $561.7 billion, the data published by the US Census Bureau showed on Tuesday. This reading followed January’s increase of 7.6% (revised from 5.3%) and came in worse than the market expectation for a decrease of 0.5%.

Check Also

Will Robust Jobs Data, Trump’s Fed Pressure Reshape Wall Street’s Momentum?

Wall Street surged, with the S&P 500 up 0.83%, Nasdaq up 1.02%, and Dow Jones …