Tuesday, April 14, 2015

Retail Sales Increased in March

There were $441.4 billion of retail and food services sales in March (after adjustment for seasonal variation and holiday and trading-day differences but not for price changes), according to the U.S. Census Bureau. This level represented an increase of 0.9% from the previous month, and 1.3% from March of last year.

Core retail sales—excluding automobiles, building materials, and gasoline—increased by 0.4% in March, after remaining unchanged last month.

Retail trade sales increased by 0.9% from February, and 0.5% from March 2014. Gasoline sales declined by 0.6% for the month, and were 22% lower than a year ago. Sales from food services and drinking places rose by 7.7% on the year.

Read the Census Bureau release

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