Chicago Fed CARTS: February 2025 (Preliminary)

The Chicago Fed’s nowcast of retail & food services sales (ex autos) growth for February is -0.8% MoM with the annual rate slowing from 3.7% YoY to 2.5% YoY.

• Transaction (-0.32 ppts) and foot traffic & sentiment (-0.50 ppts) both make negative contributions to the monthly growth figure.
• The nowcasted price index for retail & food services (ex autos) is up just 0.1% MoM and 0.4% YoY in February.