Retail sales surge in March
By Ben Rooney
April 14, 2010
NEW YORK (CNNMoney.com) -- Retail sales soared in March, the government said Wednesday, in the latest sign of improving consumer confidence.
The Commerce Department said total retail sales jumped 1.6% to $363.2 billion last month versus a revised 0.5% increase in February. Economists surveyed by Briefing.com had anticipated that March sales would rise 1.2%.
March retail sales surged 7.6% compared to the same month in 2009.
Retail sales surge 1.6% in March - Apr. 14, 2010
By Ben Rooney
April 14, 2010
NEW YORK (CNNMoney.com) -- Retail sales soared in March, the government said Wednesday, in the latest sign of improving consumer confidence.
The Commerce Department said total retail sales jumped 1.6% to $363.2 billion last month versus a revised 0.5% increase in February. Economists surveyed by Briefing.com had anticipated that March sales would rise 1.2%.
March retail sales surged 7.6% compared to the same month in 2009.
Retail sales surge 1.6% in March - Apr. 14, 2010