Summary

• Retail sales soared in March by 1.7% from February, seasonally adjusted. Compared to March last year, sales jumped by 4.5%, not seasonally adjusted.
• E-commerce sales (18% of total retail sales) have been soaring relentlessly, gobbling up market share from brick-and-mortar retailers, growing year-over-year at over twice the rate of overall retail sales.
• Sales at Auto & other motor vehicle dealers (17% of total retail sales) rose by 0.6% in March from February, seasonally adjusted. Year-over-year, sales fell by 2.8% not seasonally adjusted.

Even without gas stations, retail sales jumped, powered by e-commerce, auto dealers, general merchandise stores, and other retailers.

Retail sales soared in March by 1.7% from February, seasonally adjusted. Compared to March last year, sales jumped by 4.5%, not seasonally

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