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Consumer spending remains strong despite wavering confidence
PYMNTS·
US retail sales showed unexpected strength in February, rising 0.6% from January to $738.4 billion, indicating continued consumer activity supporting the broader economy. This resilience persists even as underlying economic pressures remain unresolved and consumer confidence shows signs of wavering. The robust spending figures offer a measure of reassurance, suggesting that households are maintaining purchasing power despite potential headwinds. This trend will be closely watched by economists and policymakers assessing the overall economic outlook for the coming months.
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macro
fintech
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PYMNTS — pymnts.com