United States retail sales, for the month of February, were solid but were not at the same levels to begin 2022, according to data respectively issued today by the United States Department of Commerce and the National Retail Federation (NRF).
Commerce reported that February retail sales—at $658.1 billion—saw a 0.3% gain, from January to February, while posting a 17.6% annual gain. It also noted that total retail sales, from December 2021 through February 2022 saw a 16.0% increase compared to the same period a year ago.