Press Releases

February Retail Sales Increase 8.6 Percent Over Last Year, Marking 20 Consecutive Months of Growth

03/13/2012

With a spring in their step, retailers marked 20 consecutive months of sustained year-over-year retail sales growth in February as unseasonably warm temperatures and comparisons with weak sales in 2011 resulted in stronger-than-expected increases. According to the National Retail Federation, the world’s largest retail trade association, February retail industry sales (excluding automobiles, gas stations and restaurants) increased 0.5 percent seasonally adjusted from January, and 8.6 percent unadjusted year-over-year.