NRF: Census data shows retail sales grew in March but consumers are ‘not feeling great’ as tariffs rise
Data released today by the U.S. Census Bureau showed retail sales grew in March even though consumers continued to worry about the impact of rising tariffs, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “Retail sales strengthened in March, supported by continued solid growth in income, lower energy costs and bigger-than-usual tax refunds that all helped support household budgets,”...
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