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March Retail Sales Exceeded Expectations

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
March Retail Sales Exceeded Expectations

March Retail Sales Exceeded Expectations

March Retail Sales , Exceeded Expectations.

New Commerce Department data surprised some analysts on April 15, 'The Hill' reports.

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The agency's latest estimates indicate that March retail sales increased by 0.7%.

They were only expected to rise 0.3% last month.

While sales exceeded estimates for March, the jump was still below the 0.9% increase in February.

Compared to the same time last year, total sales for the first three months of 2024 were up 2.1%.

On April 10, the Labor Department released data showing that inflation rose last month.

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The consumer price index (CPI) increased 0.4% in March and 3.5% annually.

In February, consumer prices increased 3.2% year-over-year.

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Still, the newest Commerce Department data suggests that Americans continue to spend despite prolonged inflation, 'The Hill' reports.


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‘New York Times’ Poll , Indicates Trouble for Biden. Donald Trump was found to be "leading in five out of six swing states," 'The Hill' reports. . Wisconsin is the only swing state where Biden is leading. In 2020, Biden won all six swing states. The May 13 poll also indicated that support for Biden is dwindling among young voters, as well as Black and Hispanic voters. What’s so impressive about this is polls have historically underestimated Trump’s support, not overestimated Trump’s support, Ford O’Connell, a Republican strategist, via 'The Hill'. And then if you couple this poll with nearly 100,000 people showing up in Arctic blue New Jersey, this is a disaster for Biden, Ford O’Connell, a Republican strategist, via 'The Hill'. And then if you couple this poll with nearly 100,000 people showing up in Arctic blue New Jersey, this is a disaster for Biden, Ford O’Connell, a Republican strategist, via 'The Hill'. Biden supporters, however, say that polling conducted this far away from election day should be taken with a grain of salt. The only consistency in recent public polls is inconsistency. , Geoff Garin, Biden campaign pollster, via 'The Hill'. These results need to be weighed against the 30-plus polls that show Biden up and gaining — which is exactly why drawing broad conclusions about the race based on results from one poll is a mistake. , Geoff Garin, Biden campaign pollster, via 'The Hill'. The reality is that many voters are not paying close attention to the election and have not started making up their minds — a dynamic also reflected in today’s poll. , Geoff Garin, Biden campaign pollster, via 'The Hill'. These voters will decide this election, and only the Biden campaign is doing the work to win them over, Geoff Garin, Biden campaign pollster, via 'The Hill'

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Credit: Wibbitz Top Stories    Duration: 01:31Published
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Credit: Wibbitz Top Stories    Duration: 01:31Published
Biden Looks to Energize Young Voters With Earth Day Solar Energy Grants [Video]

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Credit: Wibbitz Top Stories    Duration: 01:31Published