Retail Sales Surge 1.4% in March, Higher Than Expected
The Census Bureau’s Advance Retail Sales Report for March showed a surge in consumer spending last month, with headline sales rising 1.4%. This is up from February’s 0.2% monthly growth and is the largest monthly increase since January 2023. The latest reading was higher than the expected 1.3% growth. For an inflation-adjusted perspective on retail [...] The post Retail Sales Surge 1.4% in March, Higher Than Expected appeared first on ETF Trends.
The Census Bureau’s Advance Retail Sales Report for March showed a surge in consumer spending last month, with headline sales rising 1.4%. This is up from February’s 0.2% monthly growth and is the largest monthly increase since January 2023. The latest reading was higher than the expected 1.3% growth. For an inflation-adjusted perspective on retail [...]
The post Retail Sales Surge 1.4% in March, Higher Than Expected appeared first on ETF Trends.
