"US Retail Sales Rise 0.6% in February Despite Economic Cooling and Consumer Caution"

February retail sales in the US increased by 0.6%, following a 1.1% decline in January, but the gain was weaker than expected, indicating growing consumer caution. Rising gas prices and inclement weather affected sales, with a shift towards services over goods. Department stores, clothing, and furniture stores saw declines, while online sales showed a rare decrease. Despite a strong job market and rising wages, consumers are more budget-conscious due to higher prices and credit costs. Retailers like Walmart and Target report customers seeking deals and sticking to necessities, with some businesses adjusting to customer spending behavior by increasing discounts or expanding stores.