U.S. consumers have shown surprising vigor in early 2023, and a report on February retail sales will show whether that is changing
A report on February retail sales will show whether Americans pulled back on spending after a strong start to the year, aided by unseasonably warm weather and a strong labor market.in early 2023, after their spending weakened late last year.
Retail sales, a measure of spending at stores, online and in restaurants, rose by a seasonally adjusted 3% in January, the Commerce Department said. That was the largest monthly gain in nearly two years and came after sales fell in November and December.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Subaru WRX Sees Its Best February For U.S. Sales In History | CarscoopsSubaru of America sold 2,598 WRXs last month, marking the best February for the car's sales since its inception
Read more »
US Retail Sales Forecast: Correction following January surge – Previews by eight banksUS Retail Sales Forecast: Correction following January surge – Previews by eight banks RetailSales UnitedStates Macroeconomics DollarIndex Banks
Read more »
USD/CHF looks capped below 0.9150 as US Inflation worries fade, US Retail Sales eyedThe USD/CHF pair is juggling in a narrow range below 0.9150 in the early Asian session. The upside in the Swiss Franc asset looks capped as the United
Read more »
USD/JPY scales to near 134.50 on dovish BoJ minutes, spotlight shifts to US Retail SalesThe USD/JPY pair is approaching 134.50 amid the release of the dovish Bank of Japan (BoJ) minutes for the monetary policy meeting, announced last week
Read more »
USD/CHF retreats towards 0.9100 amid dicey markets, focus on yields, US Retail SalesUSD/CHF retreats towards 0.9100 amid dicey markets, focus on yields, US Retail Sales – by anilpanchal7 USDCHF RiskAppetite YieldCurve Inflation Fed
Read more »
GBP/USD dribbles around mid-1.2100s as UK Budget, US Retail Sales loomGBP/USD dribbles around mid-1.2100s as UK Budget, US Retail Sales loom – by anilpanchal7 GBPUSD FiscalPolicy RetailSales YieldCurve CentralBanks
Read more »