March retail sales gains are ‘very encouraging’ and ‘set the stage’ for further improvements this year
March retail sales as defined by NRF were up one percent month-over-month and 0.8 percent year over year.
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Economy
Retail employment dropped in March but overall job gains point to economic growth
Retail employment in March was down by 11,700 jobs from February and down 47,400 jobs year-over-year.
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February retail sales increased 2.7 percent over 2018
Retail sales were down 0.7 percent in February from January but up 2.7 percent year-over-year.
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Retail sales rebound in January, up 3.6 percent over 2018
Retail sales grow in January, up by 3.6 percent over 2018
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Retail employment dipped in February despite long-term gains
Retail industry employment in February was down 6,100 jobs from January and 5,300 jobs year-over-year.
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