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Published: March 11, 2010 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Retail sales rise 0.3% in February



WASHINGTON — Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls.
The advance, the biggest since November, provided hope that the recovery from the recession is gaining momentum.
The Commerce Department said this monring retail sales rose 0.3 percent in February, surpassing expectations that sales would decline by 0.2 percent.
The overall gain was held back by a 2 percent fall in auto sales, reflecting in part the recall problems at Toyota.
Excluding autos, sales rose 0.8 percent, far better than the 0.1 percent rise outside of autos that economists had forecast.




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