Retail sales in the US soared by 1.1% in February

Source: BBC
Retail sales increased to five-month high in February, reported US Commerce Department. The sales soared by 1.1% in February as compared to a 0.6% jump in the preceding month. Major contributor to the expansion were Retail sales increased to five-month high in February, reported US Commerce Department. The sales soared by 1.1% in February as compared to a 0.6% jump in the preceding month. Major contributor to the expansion were firm care sales that advanced by 1.6%, indicating signs of economic recovery in the country. Moreover, soft winter supported store sales adding to the gains of the indicator.
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