US Retail Sales Weaker Than Expected As Consumer Health Under Scrutiny

Source: International Business Times

US retail sales rose less than expected in February by 0. 2 percent from January, government data showed AFP US retail sales logged smaller gains than expected in February according to government data released Monday, edging up from an earlier decline with all eyes on consumer spending strength amid growing worries of a recession. Consumers are a key driver of the world's biggest economy, and spending has been helped by a resilient job market and wage growth.