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Retail Sales Surprise with Surge Higher

JOHN CARNEY

Breitbart

The stimulus payments worked.

Retail sales jumped 5.3 percent in January, according to a report released by the Commerce Department Wednesday.

Economists had forecast a rise of 1.1 percent.

Excluding autos, sales rose 5.9 percent. That also topped expectations for a rise of just one percent. Excluding gasoline and autos, retail sales rose 6.1 percent, far outpacing the 0.5 percent expected gains.

Click the link below to read the rest of this story.

https://www.breitbart.com/economy/2021/02/17/retail-sales-surge-higher/

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