Spending on building materials and garden equipment jumped by more than 2 percent last month, government data showed.
Retail sales for building materials and gardening equipment rebounded in February after falling substantially the previous month, data from the U.S. Census Bureau showed, in what could be a signal that Americans are getting ready for the warmer seasons and setting their homes.Building material and gardening equipment sales went up by 2.2 percent last month to $34 billion compared to a decline of 4.3 percent in January.
On the other hand, warmer weather meant that people needed fewer winter clothes, helping to push down sales on apparel by 0.5 percent for the month.'Winter gear fell out of favor,' Kim said. 'Inventories of winter clothing are likely to pile up and eventually find their way to discount racks.'Auto sales were up on the back of companies working hard to attract buyers through incentives, he added.
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