NRF: February retail sales rose year-over-year; annual 6-8 percent growth projected
Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, according to the National Retail Federation (NRF). “Retail sales data continues to show impressive consumer resilience,” said Matthew Shay, NRF President and CEO. “Despite all that’s...
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