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		<title>US shoppers modestly increased spending last month as concerns rise about economy</title>
		<link>https://eznews.xyz/world-news/us-shoppers-modestly-increased-spending-last-month-as-concerns-rise-about-economy/</link>
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		<pubDate>Mon, 17 Mar 2025 12:51:32 +0000</pubDate>
				<category><![CDATA[World News]]></category>
		<category><![CDATA[119869434]]></category>
		<category><![CDATA[Article]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Economy]]></category>
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		<category><![CDATA[Retail and wholesale]]></category>
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					<description><![CDATA[US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount WASHINGTON &#8212; US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling [&#8230;]]]></description>
										<content:encoded><![CDATA[<p> <br />
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<div data-testid="prism-headline">
<p class="jxTEW Poyse uieav lqtkC HkWF HfYhe kGyAC "><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ ">US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount</span></p>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC "><span class="oyrPY qlwaB AGxeB  ">WASHINGTON &#8212; </span>US shoppers stepped up their spending a just bit in February after <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/retail-sales-consumer-economy-shopping-53a08a284799497a6eaf79e95a047b0e">a sharp pullback the previous month</a>, signaling that Americans are spending more cautiously as concerns about the direction of the economy mount. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, the Commerce Department said Monday. Sales rose at grocery stores, home and garden stores, and online retailers. Sales fell at auto dealers, restaurants, and electronics stores. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The small increase suggests Americans may be growing more wary about spending as the stock market has plunged and President Donald Trump&#8217;s tariff threats and government spending cuts have led to widespread uncertainty among consumers and businesses. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">On Friday, a measure of consumer sentiment fell sharply for the third straight month and is now down more than 20% since December. Respondents to the University of Michigan&#8217;s survey cited policy uncertainty as a leading reason for the gloomier outlook. While the respondents were divided sharply by party — sentiment about the current economy fell among Republican by much less than for Democrats — Republicans&#8217; confidence in the economy&#8217;s future dropped 10%. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">___</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN ">D&#8217;Innocenzio reported from New York. </p>
</div>
<p><br />
<br /><a href="https://abcnews.go.com/Business/wireStory/us-shoppers-modestly-increased-spending-month-concerns-rise-119869434">Source link </a></p>
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