Retail sales bounce back in March after February slump Final Edition

Washington -- U.S. retail sales rebounded in March, a month after snowstorms and an elevated terror alert thwarted shoppers and led to the biggest decrease since November 2001, economists said they expect a government report to show this week.Sales at the nation's retailers probably rose 0.6% a...

Full description

Saved in:
Bibliographic Details
Published inMilwaukee journal sentinel
Main Author VINCE GOLLE AND ALEX TANZI
Format Newspaper Article
LanguageEnglish
Published Milwaukee, Wis Journal Sentinel Inc 07.04.2003
Online AccessGet full text

Cover

More Information
Summary:Washington -- U.S. retail sales rebounded in March, a month after snowstorms and an elevated terror alert thwarted shoppers and led to the biggest decrease since November 2001, economists said they expect a government report to show this week.Sales at the nation's retailers probably rose 0.6% after February's 1.6% slump, based on the median of 50 forecasts in a Bloomberg News survey of economists. The Commerce Department is expected to report the data Friday. The U.S. trade deficit in goods and services probably widened in February to $42.0 billion from $41.1 billion, according to economists. The value of imported petroleum probably increased as oil prices rose as high as $37.70 a barrel, based on New York futures, from $33.51 at the end of January.
ISSN:1082-8850