Americans bought more electronics, started home improvement projects and updated their wardrobes last month, inspired by warmer weather and a healthier job market.
U.S. retail sales rose 0.8 percent in March, the Commerce Department said Monday.
The increase capped a strong quarter of gains and contributed to a brighter outlook among economists for growth in the January-March quarter. Businesses are responding by restocking their shelves at a steady pace, a sign that they expect the trend to carry over into the spring.
US economic outlook brightens as retail sales rise - BusinessWeek
Yes, in spite of Obama's failed policies.
Since retail sales actually FELL all the feel good lies of obama doesn't matter. Especially hit hard hit were durable goods.
U.S. Durable Goods Orders Show Steep Drop In March
(RTTNews) - New orders for U.S. durable goods fell at the fastest rate in several years in the month of March, according to figures released Wednesday by the Commerce Department.
Advance estimates of new durable goods orders for the month came in at $202.6 billion, a 4.2 percent decrease from February levels. The drop reflected the largest monthly decline since January of 2009.
Most economists had expected durable goods orders to fall from February levels but generally expected a much less severe drop of around 1.5 percent.