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From Home Furnishing Business

Retail Sales Slide in February

U.S. retail sales fell for a third straight month in February, according to today’s figures from the U.S. Department of Commerce.

Retail sales dropped 0.6 percent last month following on the heels of a 0.8 percent decline in January. Much of the decline could be attributed to harsh winter weather that moved into much of the country during the second half of February.

The three-month slide was the first time since 2012 that retail sales have dropped three consecutive months.

Retail sales excluding automobiles, gasoline, building materials and food services remained unchanged from January.




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