US Retail Sales Exceed Expectations in February

American consumers continued to spend in February, with retail sales rising by 0.6% compared to January. This figure surpassed the 0.4% increase anticipated by economists polled by FactSet. The stronger-than-expected sales indicate resilience in consumer spending, which is a key driver of economic growth. This positive economic signal suggests that consumer confidence and purchasing power remain robust, potentially influencing inflation expectations and future monetary policy.