Weak February retail recovery signals cautious US consumers: TCB
In February 2025, US retail sales saw a modest 0.2 per cent MoM recovery, driven largely by a sharp rebound in online spending, after January's steep decline. Real retail sales remained flat, reflecting cautious consumer sentiment. Control group sales increased by 1 per cent, but quarterly growth slowed significantly to just 0.6 per cent QoQ saar, highlighting consumer caution amid economic uncertainty.
In February 2025, US retail sales saw a modest 0.2 per cent MoM recovery, driven largely by a sharp rebound in online spending, after January's steep decline.
Real retail sales remained flat, reflecting cautious consumer sentiment.
Control group sales increased by 1 per cent, but quarterly growth slowed significantly to just 0.6 per cent QoQ saar, highlighting consumer caution amid economic uncertainty.
