US retail sales have bounced back after suffering a steep decline during a bitterly cold January, with people spending more on cars, clothing and furniture.
The Commerce Department said on Thursday seasonally-adjusted retail sales rose 0.3 per cent in February. Spending had fallen 0.6 per cent in January and 0.3 per cent in December.
The increase suggests consumer spending has started to recover after being tempered by snowstorms and freezing temperatures that blanketed much of the country.
Auto sales rose 0.3 per cent. Excluding volatile spending on cars, petrol and building supplies, retail sales increased 0.3 per cent from December.
Last month's rebound almost brought retail spending back to its December levels. Purchases at restaurants, online retailers and department stores also improved.
Over the past 12 months, retail sales have risen 1.5 per cent.
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