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News Link • United States

US Retail Sales Surge Most Since 2017


Having re-slumped in February, after bounding back from December's plunge, US Retail Sales were expected to rebound solidly in March (as analysts projected auto sales and a bounce in gas prices would help) and it did.

Headline retail sales rose 1.6% MoM in March  (crushing the 1.0% expected) - the strongest monthly surge since Sept 2017

Under the hood, every single category rose in April except sporting goods, hobby, and book stores...

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