Name: U.S. retail sales rebound sharply
Uploaded: 2021-02-19T22:51:03.000Z
Duration: 1 min 11 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Americans went shopping with a vengeance in January, retail sales rebounded sharply, rising for the first time in four months, the Commerce Department reported Wednesday.

That was nearly five times what economists had forecast.

Consumers splurged on sporting goods and hobby related products.

That category, as well as e commerce sales, shot up 22% fueling the purchases additional pandemic relief money households got from the government.

The nearly $900 billion coronavirus rescue package included $600 checks to mostly low income and some middle income Americans.

That package also extended a weekly unemployment subsidy.

Households could get additional $1400 checks.

 That's part of President Joe Biden's $1.9 trillion recovery plan that Congress is now considering. 

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U.S. retail sales rebound sharply

pandemic

surge

expect

category