4 ETF Areas to Play on Moderately Soft February Retail Sales
AZOAutoZone(AZO) Zacks Investment Research·2024-03-16 02:01

Americans increased their spending a bit in February after pulling back in January. But last month’s gain in retail sales was weaker-than-expected, and January’s decline was revised even lower, indicating that many are growing cautious with their spending ability. Retail sales rose 0.6% in February after falling a revised 1.1% in January, hurt partly by inclement weather, according to the Commerce Department’s report on Thursday. Below we highlight a few areas and the related ETFs & stocks that may benefit ...