With spring having sprung and the economy continuing to show signs of a rebound, consumers opened up their wallets last month and caused retail sales to increase 1.6% last month, the Commerce Department reported today.
The March figures were 5% higher than those of March 2009 and sales from January through March were 5.5% higher than in the same period last year.
Total retail and food sales in March were $363.1 billion, compared with February's $354 billion and $337.4 billion in March 2009.
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