U.S. retail sales rebounded 0.6% in February, up from a 1.1% decline in January, but below economist estimates.

U.S. retail sales rebounded 0.6% in February, recovering from a 1.1% drop in January, although falling short of economist estimates. The Commerce Department's report revealed that retail sales increased 0.6% in February, while excluding motor vehicle and parts dealers, sales rose by 0.3%. Economists had anticipated a 0.8% increase in retail sales and a 0.5% rise in ex-auto sales.

March 14, 2024
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