Here's what you need to know about Friday before you hit the door.
Shoppers browse through clothing at a Forever 21 fashion retail store at the King of Prussia mall in King of Prussia, Pennsylvania, September 30, 2019.Retail sales
The Census Bureau will release its retail sales data for January on Friday morning, giving investors a closer look at what has been the strongest part of the United States economy. Wall Street expects to see a month-over-month increase of 0.3%, according to Dow Jones, the same as in December. Theshowed sales of general merchandise rising but auto sales declining, with total retail sales of $529.6 billion.
The consumer and retail section of the economy has been fueling economic growth in U.S. in recent years as tariffs and sluggish global growth have weighed on the manufacturing sector.The University of Michigan will release its preliminary sentiment reading for February just after the bell opens. Economists expect a reading of 99.5, according to Dow Jones.
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