U.S. Economy: Retail Sales Increase Most in Four Months

U.S. retail sales increased in February by the most in four months as Americans took advantage of more seasonable weather to buy cars, clothes and electronics.

Purchases climbed 1 percent after a revised 0.7 percent rise in January that was more than double the previous estimate, Commerce Department figures showed today in Washington. February sales matched the median forecast in a Bloomberg News survey.