US Retail Sales Experience Significant Growth in March
The United States witnessed a remarkable 1.4% increase in retail sales in March 2025, reaching a total of $734.9 billion, as reported by the Census Bureau. This growth not only surpassed monthly expectations but also marked a 4.6% rise compared to the same period in 2024.
Key Drivers Behind the Growth
Leading the charge, motor vehicle and parts dealers saw an impressive 8.8% year-on-year jump, showcasing the sector's robust performance. Meanwhile, nonstore retailers also contributed significantly with a 4.8% sales growth, indicating a continuing shift towards online shopping.
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