Retail sales in the U.S. rose 9.8 percent in March, the U.S. Commerce Department reported. The increase, the biggest since May 2020, was greater than the 6.1 percent gain forecast in a Dow Jones estimate. It comes on the heels of a new round of stimulus cheques issued to consumers. Building materials were among the leading categories, along with clothing and sporting goods.
Strong gains for U.S. retail sales in March
Most Recent
Most Read
Canfor announces earnings, acquisition
Thu, May 02nd, 2024
Two more retailers to showcase Quebec-made products
Thu, May 02nd, 2024
Throwback Thursday: “Canadians are ready to start spending again,” we reported ten years ago
Thu, May 02nd, 2024
RONA stores raise money in May to support communities
Thu, May 02nd, 2024
AD Canada garners recognition as great place to work
Thu, May 02nd, 2024
AQMAT unveils its “Family Portrait” of the industry in Quebec
Wed, May 01st, 2024
Is the honeymoon ending for self-checkout?
Wed, May 01st, 2024
Amazon announces first quarter results, triples profits
Wed, May 01st, 2024
Peavey marks grand opening in Manitoba
Tue, April 30th, 2024
Hiring in Ontario? Legislation around job postings has changed
Tue, April 30th, 2024