IPFS News Link • Business/ Commerce
Retail Sales Rebound In March As Autos Jump
• https://www.zerohedge.comAfter 3 straight months of declines, March retail sales surprised to the upside bouncing 0.6% MoM (+0.4% exp), but ex-autos/gas was a disappointment (rising 0.3% vs 0.4% expectations).
The 0.6% MoM spike was higher than the highest (of 71) economists' estimate
Eight of 13 major retail categories showed increases.