February Retail Sales Increase Despite Inclement Weather

At some point in February, almost every single state had snow on the ground, but that wasn’t enough to keep house-bound consumers from a little shopping therapy. According to the National Retail Federation, February retail industry sales (which exclude automobiles, gas stations, and restaurants) increased 1.0 percent seasonally adjusted over January and 1.7 percent unadjusted year-over-year.