US Retail Sales Crash By Most Ever In March, Despite Hoarding
Apr 15th 2020 8:39am EDT
US Retail Sales Crash By Most Ever In March, Despite Hoarding While it is not entirely surprising given that practically all of America is under lockdown and the consumption-focused services sector is particularly distressed, US retail sales crashed 8.7% MoM in March (against expectations of a 8.0% drop) Source: Bloomberg Year-over-year, headline retail sales crashed […]
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