U.S. Retail Sales Rose 0.6% in March

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Spending at U.S. retailers rose broadly in March, rebounding after a weak start this year for consumer spending despite a solid labor market and growing worker paychecks.

Retail sales—a measure of outlays at stores, restaurants and websites—increased a seasonally adjusted 0.6% in March from the prior month, the Commerce Department said Monday. Economists surveyed by The Wall Street Journal expected a 0.3% increase.

Retail…



Source link: https://www.wsj.com/articles/u-s-retail-sales-rose-0-6-in-march-1523881918?mod=pls_whats_news_us_business_f

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