U.S. Retail Sales Take Record 8.7% Tumble in March

The video discusses the significant drop in Empire manufacturing and retail sales, analyzing web and foot traffic data to understand the trends. It highlights the increase in basket size at food and beverage stores and the expected decline in clothing and auto sales. The discussion concludes with a cautious outlook on future economic conditions, particularly in April.

What was the reported impact on Empire manufacturing?

• Neutral 0%

• Negative 678%

• Negative 50%

• Positive 678%

What trend was observed in basket size at food and beverage stores?

• Increase

• No change

• Decrease

• Fluctuation

How much did clothing accessories sales decline?

• 10%

• 50%

• 30%

• 70%

What was the decline percentage in food and service drinking places?

• 50%

• 15%

• 35%

• 23%

What is the anticipated outlook for April according to the discussion?

• Uncertainty

• Further decline

• Stability

• Improvement