The government’s retail sales report for February was surprisingly weak. Should we blame winter?
This week’s reports may show whether winter put a freeze on the economy last month.
Harsh winter weather has put a chill on the Fed’s Beige Book economic survey.
Low gas prices may be filling up consumers’ wallets, but retailers aren’t yet benefiting.
It will be a week of jobs and retail data and Valentine’s spending, including on pets.
This week brings new inflation data, updated holiday sales numbers and a Bezos birthday.
The retail report is the proverbial hot mess of numbers because of sales by auto dealers and gas stations, both moving in opposite directions.
We’ll find out more this week about falling prices and about what the Fed’s thinking.
A report on October retail sales indicates low gas prices are taking some pressure off consumers.
Will Santa be good to retailers this year? We’ll get a clue this week.