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Market Impact: 0.35

Retail sales rebound in February in a sign the economy is all right

Economic DataConsumer Demand & Retail

U.S. retail sales rebounded in February after a brief weak spell, indicating the economy is still expanding at a decent pace despite a turbulent start to the year. The article cites no specific percentage change but implies strengthened consumer demand, a positive signal for near-term GDP momentum and cyclical retail exposure.

Analysis

U.S. retail sales rebounded in February after a brief weak spell, indicating the economy is still expanding at a decent pace despite a turbulent start to the year. The article cites no specific percentage change but implies strengthened consumer demand, a positive signal for near-term GDP momentum and cyclical retail exposure.

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moderately positive

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