Slide in February Retail Sales Less than Expected

By: KKCO/NBC Email
By: KKCO/NBC Email

February retail sales slipped from January, but not as much as expected.

The Commerce Department reports that February sales dipped one-tenth of a percent.

The drop resulted in a 4.3 percent plunge on auto and auto parts sales, the biggest monthly drop since October.

Take vehicle sales out of the February equation, and retail sales would have risen point seven percent.

It's the seventh time retail sales have fallen in the past eight months.

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