Retail Sales Rise 0.6% In February, More Than Expected [Seeking Alpha]
Amplify Online Retail ETF (IBUY)
US:NASDAQ Investor Relations:
amplifyetfs.com/ibuy-online-retail-etf
Company Research
Source: Seeking Alpha
Current control purchases are up 3.8% compared to one year ago. Supatman/iStock via Getty Images By Jennifer Nash The Advance Retail Sales Report from the Census Bureau showed consumer spending was more robust than expected in February. Headline sales rose 0.6%, a step up from January's 0.1% decline and better than the projected This article was written by Quick Insights February retail sales rose 0.6%, exceeding the projected 0.5% growth and reversing January's 0.1% decline, indicating stronger-than-anticipated consumer spending momentum. Core retail sales increased 0.5% and 'control' purchases also rose 0.5% in February, both above expectations, reflecting steady, broad-based consumer demand beyond volatile categories. SPDR S&P Retail ETF (XRT), VanEck Retail ETF (RTH), Amplify Online Retail ETF (IBUY), and ProShares Online Retail ETF (ONLN) are positioned to benefit from continued retail sales strength. Recommended For You
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