Connect with us

Business

$1,400 stimulus checks helped March retail sales soar 9.8% – The Associated Press

NEW YORK (AP) — Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again….

Published

on

Article feature image
ADVERTISEMENT

NEW YORK (AP) Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again.
Retail sales surged a seasonally adjusted 9.8% in March after dropping about 3% the month before, the Commerce Department said Thursday. The increase was the biggest since May of last year, when stores reopened after closing at the start of the pandemic. It was also much larger than the 5.5% increase Wall Street analysts had expected.

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Elon Musk Response To UFC Fighter Is More Evidence Of What Could Be Another Record Quarter For Tesla – CleanTechnica
Article feature image
A Cryptocurrency Is Skyrocketing In Defiance Of Bitcoin-Led Selloff, Outperforming Dogecoin, Cardano – Benzinga
Article feature image
Bitcoin and Ethereum – Weekly Technical Analysis – May 17th, 2021 – FX Empire