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Market Impact: 0.25

Retail Sales Jump 1.7% in March, Higher Than Expected

Economic DataConsumer Demand & Retail

Advance retail sales rose 1.7% in March, accelerating from February's 0.7% increase and topping the 1.4% consensus estimate. The report signals stronger-than-expected consumer spending, a positive read-through for retail activity and broader economic momentum.

Analysis

Advance retail sales rose 1.7% in March, accelerating from February's 0.7% increase and topping the 1.4% consensus estimate. The report signals stronger-than-expected consumer spending, a positive read-through for retail activity and broader economic momentum.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.40