U.S. | Gasoline Drags Down Retail Sales in February
Published on Tuesday, March 15, 2016 | Updated on Tuesday, March 15, 2016
U.S. | Gasoline Drags Down Retail Sales in February
Summary
Retail sales declined 0.1% MoM, while core (ex-auto, ex-gas) sales increased 0.3% MoM. Despite declines in multiple sectors, spending on discretionary goods and services is healthy. Job gains and gas savings should support consumer spending going forward
Geographies
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- Global
Topics
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- Macroeconomic Analysis
Authors
Filip Blazheski