Retail sales grew 3.1% in the week ended Feb. 14, after a 2.4% increase in the previous week, according to the weekly retail sales report released by Johnson Redbook Wednesday.

February was up 2.8% compared to February of last year (relative to a target of a 2.9% gain), and up 1.5% from January (relative to a target of a 1.6% gain).

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.