U.S. February Retail Sales MoM will be released at 20:30, expected 0.6%

BlockBeats News, March 17th: The US February Retail Sales Month-over-Month rate will be announced tonight at 20:30, with an expected value of 0.6% and a previous value of -0.90%.

Retail Sales is the statistical summary of the amount of retail sales, including the total value of goods sold in cash or credit form by all stores primarily engaged in retail business. Expenses incurred in the service industry are not included in retail sales. Retail data plays a key role in determining a country's current economic situation and future prospects, as retail sales directly reflect changes in consumer spending. A published value greater than the expected value will be positive for the US Dollar.