shadow

Retail sales gain for ninth straight month

Americans kept spending more in February, increasing the nation's retail sales for the ninth straight month, the Commerce Department reported, showing the economy is "nowhere near" a recession. After adjustments for seasonal variations, retail sales rose in February by 0.9 percent. After a revision upward of December's figures, February makes the ninth m onth of consecutive increases.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.