Retail sales rose an estimated 1.1 percent in February from January and were up 4.6 percent from February 2012, the Census Bureau says.
Kathy Bostjancic director of macroeconomic analysis at the The Conference Board research group, says in an analysis sent to reporters that the report's a sign that "consumer spending remains relatively robust." And since consumers buy about 70 percent of all goods and services, their willingness to spend is a key economic driver.
Originally published on Tue March 5, 2013 11:36 am
By Matt Stiles
Are you a "mega-commuter"?
That's a term used by the U.S. Census Bureau to describe people who commute at least 90 minutes and 50 miles to work. Nearly 600,000 Americans spend that much time in vehicles, carpool lanes, and trains and buses each day, according to the bureau.
This interactive map, created by WNYC, shows commute times, by ZIP code, across the country. Zoom into your area to see how your commute compares: