{"id":1004169434,"date":"2017-03-15T06:11:18","date_gmt":"2017-03-15T14:11:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004169434"},"modified":"2022-12-09T00:48:35","modified_gmt":"2022-12-09T08:48:35","slug":"economy-watch-retail-sales-edge-up-in-february","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-edge-up-in-february\/","title":{"rendered":"Economy Watch: Retail Sales Edge Up in February"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004169436\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004169436\" data-attachment-id=\"1004169436\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-edge-up-in-february\/census-bureau-retail-sales-0217\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg\" data-orig-size=\"427,350\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Census Bureau retail sales 0217\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: U.S. Census Bureau&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg?w=427\" class=\"size-medium wp-image-1004169436\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg\" alt=\"Source: U.S. Census Bureau\" width=\"300\" height=\"246\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg 427w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg?resize=300,246 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004169436\" class=\"wp-caption-text\">Source: U.S. Census Bureau<\/p><\/div>\n<p>U.S. retail and food services sales eked out a 0.1 percent increase in February, considerably less than in January, the Census Bureau reported on Wednesday. The January increase was also revised to 0.6 percent, while sales in December were up 1 percent. Compared with February 2016, the retail sales increase was 5.7 percent.<\/p>\n<p>The bureau adjusts for seasonal variation and holiday and trading-day differences, but not for price changes. Since inflation has been relatively low in recent years, price changes haven&#8217;t been that much of a factor in retail sales, except for gasoline, which tends to be volatile (down 0.6 percent in February, but up 19.6 percent for the year, as gas prices rose).<\/p>\n<p>Electronics and appliance retailers took the biggest hit in February, with sales down 2.8 percent for the month and 6 percent for the year, as the Internet becomes the go-to place to buy electronics. Severely declining\u00a0sales were certainly a factor in the recent bankruptcy of HH Gregg, an electronics retailer headquartered in Indianapolis.<\/p>\n<p>Department stores also suffered during the month (down 1.1 percent) and year (down 5.6 percent), and they too are closing stores rapidly. By contrast, health and personal care stores enjoyed a 0.7 percent increase in sales for the month, as did furniture stores. Internet sales were up 1.2 percent for the month, and 13 percent for the year in February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electronics and appliance retailers took the biggest hit in February, as seen by the recent bankruptcy of electronics retailer HH Gregg.<\/p>\n","protected":false},"author":1023,"featured_media":1004169436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21749],"tags":[32915],"class_list":["post-1004169434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-retail","tag-united-states-census-bureau"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economy Watch: Retail Sales Edge Up in February - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-edge-up-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Retail Sales Edge Up in February\" \/>\n<meta property=\"og:description\" content=\"Electronics and appliance retailers took the biggest hit in February, as seen by the recent bankruptcy of electronics retailer HH Gregg.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-edge-up-in-february\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-15T14:11:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:48:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Census-Bureau-retail-sales-0217.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"427\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-retail-sales-edge-up-in-february\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-retail-sales-edge-up-in-february\\\/\"},\"author\":{\"name\":\"Dees Stribling\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"headline\":\"Economy Watch: Retail Sales Edge Up in February\",\"datePublished\":\"2017-03-15T14:11:18+00:00\",\"dateModified\":\"2022-12-09T08:48:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-retail-sales-edge-up-in-february\\\/\"},\"wordCount\":241,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-retail-sales-edge-up-in-february\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/03\\\/Census-Bureau-retail-sales-0217.jpg\",\"keywords\":[\"United States Census Bureau\"],\"articleSection\":[\"National\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-retail-sales-edge-up-in-february\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-retail-sales-edge-up-in-february\\\/\",\"name\":\"Economy Watch: Retail Sales Edge Up in February - 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