U.S. Retail Sales Rose in February by Most in Four Months

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U.S. retail sales climbed in February by the most in four months, spurred by job gains and more seasonable temperatures.

The 1 percent increase in purchases followed 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, boosted by a jump in auto purchases and more expensive gasoline, matched the median forecast in a Bloomberg News survey.