US retail sales rose 0.8 percent, helped by job gains
By The Associated Press
This article was published April 16, 2012 at 11:34 a.m.
WASHINGTON — U.S. retail sales rose 0.8 percent last month, the Commerce Department said Monday. That’s below February’s 1 percent increase but above January’s pace.
Some of the increase went to pay higher gas prices. Still, steeper gas hasn’t deterred Americans from spending more on other goods.
Consumers spent more on building materials, autos, electronics, furniture and clothing. Excluding car and gasoline sales, retail sales increased 0.7 percent. And excluding autos, gas, and home supplies, so-called “core” sales rose 0.5 percent in March, matching February’s gain.
Read tomorrow's Arkansas Democrat-Gazette for full details.
Thank you for coming to the website of the Arkansas Democrat-Gazette. We're working to keep you informed with the latest breaking news.
Comments on: US retail sales rose 0.8 percent, helped by job gains
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.
You must login to make comments.