February 17, 2021

U.S. Retail Sales Rebound Strongly In January Amid Additional Stimulus-Reuters

U.S. retail sales rebounded sharply in January after households received additional pandemic relief money from the government, suggesting a pick-up in economic activity after being restrained by a fresh wave of COVID-19 infections late last year. Retail sales surged by a seasonally adjusted 5.3% last month, the Commerce Department said on Wednesday. Reuters, 02/17/2021