US Retail Sales Show Mixed Sector Performance

U.S. retail sales showed a modest increase of 0.2% in February after a significant decline in January, indicating cautious consumer spending amid economic uncertainty. Sectors such as grocery and online retail saw growth, while sales fell in auto, electronics, restaurants, and gas stations. The mixed retail performance reflects widespread concerns over economic slowdown, partly due to President Trump's tariff policies and broader market volatility. Consumer confidence has continued to decline, with March showing an 11% drop, largely driven by policy and economic uncertainties. Despite the modest rebound, experts forecast slower consumer spending growth in the first quarter, influenced by increased prices and job security worries. While some economists see this as a stabilization signal, others warn of potential economic downturn if these trends persist.