Consumers Power Past Headwinds
Consumer Spending Returns to Growth in U.S.
Core U.S. retail sales grew 0.6% in January, reversing a 0.3% decline in December, the Commerce Department said. Also, a University of Michigan survey found that consumers are generally optimistic and say their purchasing power will benefit from low inflation. Harriet Torry, The Wall Street Journal, explains.
To read the full article in The Wall Street Journal, click: Consumers Power Past Headwinds.