US Retail Sales Report Summary - February 2026
Key Highlights
- Retail Sales (m/m): Actual: 0%, Forecast: 0.4%, Previous: 0.6%
- Sales Excluding Cars (m/m): Actual: 0%, Forecast: 0.3%, Previous: 0.5%
- Sales Excluding Cars and Fuel (m/m): Actual: 0%, Previous: 0.4%
- Retail Sales (y/y): Actual: 2.4%, Previous: 3.3%
Importance of the Retail Sales Data
Retail sales are a crucial indicator of consumer health in the United States, which is a significant driver of economic growth. The data provides insights into the strength of consumer demand and the overall pace of economic activity.
The report's figures, particularly those excluding cars and fuel, are essential for assessing the underlying demand trends. A consistent growth in retail sales suggests that consumers are resilient, even in the face of high interest rates.
From the Federal Reserve's perspective, these retail sales figures are vital for evaluating demand pressures and shaping expectations regarding future interest rate adjustments. For financial markets, the data influences the valuation of the US dollar, bonds, and stocks, while also alleviating concerns about a potential sharp economic slowdown.
Market Reactions
Following the release of the retail sales data, market participants are likely to reassess their positions in various asset classes, including equities and currencies. The disappointing sales figures may lead to increased scrutiny of consumer spending trends and their implications for economic growth.