U.S. Retailers Post Record Sales in March – Best in a Decade

U.S. Retailers Post Record Sales in March – Best in a Decade

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shoppers-fredricksburg.jpgThe nation’s retailers reported their strongest monthly sales growth in a decade on Thursday, with robust gains in virtually every category of merchandise and every type of store.

The industry collectively posted a 9.1 percent sales increase at stores open at least a year, according to Thomson Reuters. That was the strongest result since the group began tracking the figures in 2000.

Analysts had lofty expectations for March, but the results released Thursday handily beat the 6.3 percent increase they had predicted.

(READ the report in the New York Times)

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