Retail sales burst higher in January as consumers use stimulus checks to spend heavily

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.
https://www.cnbc.com/2021/02/17/us-r...uary-2021.html