
Retail Monitor: February sales decline due to tariff worries
Despite a monthly decline, six of nine retail categories showed year-over-year gains, led by online sales, health and personal care stores, and general merchandise.
Despite a monthly decline, six of nine retail categories showed year-over-year gains, led by online sales, health and personal care stores, and general merchandise.
While the latest CNBC/NRF Retail Monitor shows a slowdown following the holidays, it also highlights ongoing consumer confidence and spending capacity.
As the holiday shopping season gains momentum, new data provides an optimistic outlook for retailers. Consumers’ willingness to spend amid stable economic conditions sets the stage for a vibrant holiday season.
"Healthy spending resumed in October as consumers continued to benefit from this year’s job gains and higher wages.”
CNBC/NRF Retail Monitor finds total sales were up 2.08% year over year for the first eight months of the year.