US shoppers cautiously increased spending by 0.2% in February after a sharp decline in January, indicating concerns over the economy. Categories like groceries and online shopping saw a rise, while auto dealers and electronics stores experienced a drop. Uncertainty stemming from political and economic factors leads to cautious consumer behavior.
US Shoppers Show Caution Despite Minor Spending Increase in February
✨ Enjoying this article? ✨
📱 Get more with the NewsNuggs iOS App →