Retail sales up 0.6% in February, but fallout from Iran war threatens to dampen spending

Retail sales up 0.6% in February, but fallout from Iran war threatens to dampen spending

NEW YORK — Consumers increased their spending in February, particularly on cars and clothing, after pulling back earlier in the year due to severe winter storms. Retail sales rose a more than expected 0.6% in February, from a 0.1% decline in January, the Commerce Department said Wednesday. But there is concern that the war in … Read more