By Bryan Mena, CNN
Washington (CNN) — Americans stepped up their spending at US retailers in February, after three consecutive months of declines, showing the US consumer hasn’t tapped out yet in the face of weak job growth and low consumer sentiment.
Retail sales rose 0.6% in February, the Commerce Department said Wednesday, up from January’s downwardly revised -0.1%. Wednesday’s figure was higher than the 0.4% increase economists projected in a poll by data firm FactSet.
Retail sales are adjusted for seasonal swings but not inflation. The February retail sales report was delayed a few weeks because of last year’s government shutdown.
Economists watch spending data closely because Americans’ purchases make up about two-thirds of the US economy. In recent years, spending has been more closely tied with the health of US labor market, rather than people’s attitudes toward the economy, specifically layoffs.
While job growth has been tepid over the past year, layoffs haven’t risen more than usual, meaning Americans are still able to power the economy with their spending.
This story is developing and will be updated.
The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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