Retail Sales Surge In March

Brief rundown;

• Retail sales increased 1.6% from February to March
• February was reported at $355.5 billion
• March was reported $363.2 billion

U.S Census Bureau Report:

“The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for March, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $363.2 billion, an increase of 1.6 percent (±0.5%) from the previous month and 7.6 percent (±0.5%) above March 2009. Total sales for the January through March 2010 period were up 5.5 percent (±0.3%) from the same period a year ago. The January to February 2010 percent change was revised from +0.3 percent (±0.5%)* to +0.5 percent (±0.3%).”

This graph shows the monthly retail sales.

Graph Source: www.calculatedriskblog.com

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Tags: consumer spending, economic progress, Market, retail sales

This entry was posted on April 14, 2010 at April 14, 2010 and is filed under U.S Market. You can follow any responses to this entry through the RSS 2.0 feed.