NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated
Retail TouchPoints
APRIL 15, 2021
As COVID-19 vaccine rollouts continued and government checks generated more spending power, retail sales rose 17.7% YoY and 7.4% from February 2021 in March 2021 according to data from the National Retail Federation (NRF). The Census Bureau’s outlook was even rosier, with estimates putting monthly retail sales 27.7% higher YoY and 6.7% over the previous month.
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