US Retail Sales Show Modest Growth Amid Economic Concerns
Retail sales in the US increased by 0.2% in February, falling short of expectations, raising concerns over the economic outlook. Excluding automobile sales, the rise was 0.3%, aligning with estimates. Despite a slight rebound, analysts suggest that the figures indicate a weakening economic condition. Many shoppers increased their spending only modestly amid rising anxiety over inflation and tariff issues, highlighting the challenges ahead for consumer confidence. The mixed signals from retail sales are viewed as another troubling indicator for the US economy.
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