March retail sales up higher than expected
April 13, 2006,
Washington -- Helped by a rebound in car sales, and do-it-yourselfers who started to fix up their homes as warmer weather settled in, U.S. retail sales picked up at a healthy clip during March, rising by 0.6%, and beating forecasts for a somewhat smaller 0.5%.
And the news out of the Commerce Department gets even better: February retail sales were better than originally reported. The agency had originally reported February sales declined by 1.4%, but has since revised that number to a smaller decline of 0.8%, suggesting that consumer spending is still on track.
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See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.