U.S. Retail Sales Spiked 9.8% In March, The Largest Gain In 10 Months

In March, retail sales in the U.S. surged by nearly 10% following a 3% decline the previous month, marking the largest increase since May of the previous year. This spike was driven by Americans spending their $1400 stimulus checks. Additionally, employers added 916,000 jobs, indicating signs of economic recovery as the vaccine rollout progresses.

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