Aussie Inc

Taking Australian products to American retailers.

Aussie Inc logo

News & Media

Apr 16, 2012

Better than expected U.S. retail sales in March

The Commerce Department advised that retail sales rose a better-than-expected 0.8% in March as job gains and warmer weather encouraged more consumers to shop.

NEW YORK — The Commerce Department said Monday that retail sales rose a better-than-expected 0.8% in March as job gains and warmer weather encouraged more consumers to shop. The increase was below February's 1% increase but above January's pace.

Excluding both automotive and gasoline sales, retail sales rose 0.7%. Excluding the increase in auto sales, retail sales still rose by 0.8% in March.

Advance estimates put the total level of U.S. retail sales at a seasonally adjusted $411.1 billion for March.

Source: retailingtoday.com

 

Aussie Inc News