Retail Sales Growth Slowed in February, Though Restaurant Sales Posted Good Gain

Overall retail-sales growth slowed to 0.3% in February, following strong growth in both December and January according to the latest “Advance” numbers from the Census Bureau. Sales for December and January were revived upwards to 4.9% and 3.8% respectively. Census Bureau: Retail Sales ; WSJ: Retail Sales 02-22 But sales at “foodservices and drinking places,” mostly restaurants, posted…