Retail Sales Posted Solid Gain In February
And the gain didn't come just become rising gas prices led to a 3.3 percent increase in the value of gasoline sales. According to The Associated Press, retail sales rose 0.8 percent excluding gasoline.
Because consumers buy about 70 percent of the goods and services the economy produces, their demand is critical.
Copyright 2020 NPR. To see more, visit https://www.npr.org.