Good Retail News

There was actually good news in retail sales. Good, not great. Retail sales for February dropped by 0.1% last month which was slightly better than what analysts were expecting. The best news came from the revisions for January. That number was revised higher to 1.8% from the original 1.0%. It’s not great but let’s hope this trend lasts.
Interestingly, if you exclude car sales from the February numbers, then retail sales rose by 0.7%

Posted by on March 12th, 2009 at 10:58 am


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