Retail sales up a strong 0.7% in March from February underscoring the resiliency of the US consumer

March retail sales blew past expectations

Retail sales in March surpassed expectations, according to new numbers released by the Commerce Department on Monday. The latest estimates from the Commerce Department show that retail sales in March increased by 0.7 percent — which is more than double the consensus estimates of a 0.3 percent increase for last month. While it surpassed expectations for March, the rise is slightly below February’s 0.9 percent jump in retail sales. The department …

US retail sales rose in March for the second-straight month

Spending at US retailers rose in March for the second consecutive month, underscoring the strength of the US consumer fueled by a robust job market.

US retail sales up 0.7 percent in March, more than double expected - National Zero

Monthly retail sales data was up 0.7 percent in March vs 0.3 percent expected, Bloomberg reports citing the US Commerce Department and saying it signals a strong quarterly GDP report. The post US retail sales up 0.7 percent in March, more than double expected appeared first on National Zero.

US retail sales up more than expected in March

Retail sales in the US grew more than anticipated last month, government data showed today, defying predictions of weaker consumer demand.

Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer

Americans increased their spending pace in March at a better-than-expected pace the previous month, , underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges. Retail sales rose 0.7% last month after being up a revised 0.9% in February, according to the...

Retail sales up a strong 0.7%, underscoring the resiliency of the US consumer

A strong jobs market and rising wages have fueled household spending, which also has become choppy in the face of rising credit costs and higher prices.