Retail Sales Rise; CE Up 2.1 Percent
Retail sales rose again in March, gaining 0.4 percent over the previous month and 7.1 percent over last March, according to Commerce Department figures released Wednesday. March marked the ninth straight month of retail sales gains.
Electronics were a huge driver of growth, gaining 2.1 percent, from $8.08 billion in February to $8.398 billion in March, according to estimated figures.
The overall sales number was up 0.8 percent excluding automotive sales.