February Retail Sales Decline 0.9% Year-Over-Year, But That's Just Part Of The Story
1. February retail sales: mixed results with unadjusted sales down 0.9%. 2. Seasonally adjusted sales rose 0.2% from January to $722.7 billion. 3. Significant declines in automobiles and food services decline by 1% and 2% respectively. 4. Consumer sentiment dropped to 57.9, raising inflation concerns. 5. Potential Easter sales boost noted for apparel and home goods.