US Retail Sales Data for February is Expected to Show Growth

AI Summary

According to BlockBeats, the United States will release the retail sales figures for February at 20:30 UTC+8. The expected growth rate is 0.6%, compared to a decline of 0.90% in the previous month. Retail sales encompass the total value of goods sold by retail businesses, both cash and credit, excluding spending in the service sector. This data is crucial for assessing the current state and future prospects of the country's economy, as it directly reflects changes in consumer spending. Results that exceed expectations could have a positive impact on the US dollar.#TONRally