February Sales Slow To A Mild Increase Of 0.3% Compared To January
Headline from Forbes
The U.S. Census Bureau released February sales data showing a slight increase of 0.3% over January sales. Categories that did well include restaurants and bars up 2.5%, department stores up 1.6%, and apparel and accessories up 1.1%.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
NEW YORK (AP) — After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items as higher prices for
The U.S. Census Bureau released February sales data showing a slight increase of 0.3% over January sales. Categories that did well include restaurants and bars up 2.5%, department stores up 1.6%, and apparel and accessories up 1.1%.
Sales rose 0.3 percent from January, a sharp slowdown in spending growth. Spending at electronics and appliances stores, furniture stores and health and personal care stores was lower.
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February Sales Slow To A Mild Increase Of 0.3% Compared To January | Since Then