Retail Details: Don't Blame the Weather!

Despite snowstorms hammering the Mid Atlantic, Northeast, and even parts of the South in February, retail sales figures announced today were much better than expected, up 0.3% (0.8% excluding autos):



From the high-fiber media:

• Associated Press: Retail sales rise unexpectedly in February
• Financial Times: US retail sales show surprise rise
• Business Week: Retail Sales in U.S. Unexpectedly Rose in February
• Wall St. Journal: Retail Sales Post Strong Gain
• WaPo: MIA