Following positive growth in January, retail sales dropped .2% in February. The reversal marks a return to negative month-to-month sales totals. The industry was encouraged when sales increased .7% in January following a disastrous December that saw sales drop by 1.6%.
The advance estimates released by the U.S. Retail and Food Services was not all doom and gloom however, as the February 2019 sales figure of $506 billion represents a 2.2% increase over February 2018 numbers.
