U.S. retail sales in January jumped 3 percent, blowing past the Dow Jones estimate of 1.9 percent, according to Commerce Department data.
Here's a quick breakdown:
In December, sales had fallen 1.1 percent, making for a disappointing holiday season. Sales totaled $697 billion in January, compared to $677 billion in December.
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We sat down with Ali Furman, U.S. Consumer Markets Industry Leader at consulting firm PwC to ask what trends she garnered from the initial data this year.
