Retail sales slip 0.4% in February after buying burst in Jan

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Retail sales slip 0.4% in February after buying burst in Jan
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Americans trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. The government said that retail sales slipped 0.4% after jumping a revised 3.2 % in January

A worker organizes items inside the Walmart Supercenter in North Bergen, N.J., on Thursday, Feb. 9, 2023. On Wednesday, the Commerce Department releases U.S. retail sales data for February.

NEW YORK — America’s consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment.

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