Retail Industry Sales Increase in March
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WASHINGTON -- Retail industry sales were up across the board in March, from clothing to electronics to building materials and more, announced the National Retail Federation. NRF found that retail industry sales (excluding automobiles, gas stations and restaurants) in March increased 0.6 percent seasonally adjusted from February and 3.9 percent unadjusted year-over-year. "Shoppers last month were eager to take advantage of retailers' spring promotions on everything from apparel to outdoor furniture," said NRF President and CEO Matthew Shay. "While current indicators point to a more confident consumer, increasing gas prices and a cramped job market could hamper consumer spending
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- People:
- Jack Kleinhenz
- Matthew Shay
- Places:
- Washington
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