Advance Retail Sales Blast Higher
- The Census Bureau reports Advance Retail Sales jumped 9.8% percent from February, and 27.7% above March 2020.
- Total sales for the January 2021 through March 2021 period were up 14.3% from the same period a year ago.
- The Econoday consensus estimate was gain of 5.6%, and 5.0% excluding vehicles.
- Total sales jumped 9.8% and excluding vehicles sales jumped 8.4%.
Advance Sales Details
If you hand out free money, especially to those who are working and suffered no job loss, this is what happens.