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US Retail Sales Rise by Less Than Forecast After January Drop

  • U.S. Retail sales rose by 0.2 percent in February after a 1.2 percent decline in January, according to the Department of Commerce.
  • Sales at online retailers increased by 2.4 percent, while food services dropped by 1.5 percent, indicating varied trends across sectors according to the Department of Commerce.
  • The University of Michigan Consumer Sentiment Index fell to its lowest level since November 2022, according to the University of Michigan.
  • Ted Rossman of Bankrate stated that consumer confidence is declining due to concerns about tariffs and prices.
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El Economista broke the news in on Monday, March 17, 2025.
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