Retail Sales Rebound in February: 5 Top Picks

U.S. retail sales returned to the growth trajectory in February. On Mar 14, the Department of Commerce reported that retail sales in February grew 0.6% month over month. The metric for January was revised downward to a decline of 1.1% from a drop of 0.8% reported earlier. However, February’s data was below the consensus estimate of a rise of 1%.Like January, retail sales data for December was also revised downward. Year over year, retail sales increased 1.5% in February. Retail sales rebounded primarily owi ...