Retail sales surge

Discussion in 'Economy' started by Chris, Apr 14, 2010.

  1. Chris
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    Chris Gold Member

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    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
     
  2. del
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    del Diamond Member

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    keep shining that sneaker
    :thup:

    *surged*
    :rofl:
     
  3. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster

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    Great news for the economy
     
  4. Care4all
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    Care4all Warrior Princess Supporting Member

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    WOW....it is the car industry that is carrying the increase, for the most part...

    plus in goods, pre Easter sales fell in march this year....last year, the week before Easter fell in to the fiscal April sales....

    retail could get killed this month, offsetting the gains made in march, from easter moving up a week.

    i did not see an EVENT TO EVENT analysis....preEaster week ty vs preEaster week last year for an apples to apples comparison....?
     
  5. Toro
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    Toro Diamond Member

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    The economy is getting better.
     
  6. Paulie
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    Paulie Platinum Member

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    Aww come on, let the poor guy polish his turd for crying out loud.
     
  7. SFC Ollie
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    SFC Ollie Still Marching

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    Why are things always adjusted or revised? What are they adjusting and revising?

    It would be nice to believe that the economy was on the path to recovery, but who is buying stuff when they don't have a job?
     
  8. Paulie
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    Paulie Platinum Member

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    This is America, my man. No one spends money they don't have better than us.
     
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  9. HUGGY
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    HUGGY I Post Because I Care Supporting Member

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    Shut up! Obama is a monkey.
     
  10. uscitizen
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    uscitizen Senior Member

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    Tax returns.
    Will it hold into June?

    I have trouble seeing how it can do tooo well as long as we are still losiing jobs.

    also Gas is a retail sale and the price has gone up quite a bit.
     
    Last edited: Apr 14, 2010

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