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What Do Falling Retail Sales Mean For The U.S. Economy?

Retail sales in the U.S. fell for a third consecutive month in February. And for an economy that has been increasingly consumer-driven in recent years, that could be an alarming statistic.

Worries that a recession is on the horizon are also creating tension. But the unemployment rate is low and, as a whole, the economy continues to grow. So how close an eye should we be keeping on those retail sales figures?

Here to talk about it is Donna Hitscherich, a faculty member in finance at the Columbia University Business School.

Steve Goldstein was a host at KJZZ from 1997 to 2022.