Retail sales burst higher in January as consumers use stimulus checks to spend heavily
https://www.cnbc.com/2021/02/17/us-r...uary-2021.htmlQuote:
Retail sales jumped 5.3% to start 2021, well ahead of the 1.2% expectation.
The big move came as millions of consumers received $600 stimulus checks.
Every major category of spending, including food and drinking establishments, saw gains.
