March Retail Sales - Business Insider

UPDATE:?March retail sales rose by a headline 0.8 percent, crushing analysts expectations for a much smaller rise.

Dipping into the data, retail sales less autos also grew at 0.8 percent, and retail sales less autos and gas jumped by 0.7 percent in March.

Retail sales growth in February was revised down only slightly, from 1.1 percent to 1.0 percent.

It would seem that the consumer is still going strong.

?

ORIGINAL:?Retail sales data for March will be released at 8:30 AM ET.

Analysts are expecting headline growth at 0.3 percent, after a 1.1 percent jump in February.

Researchers polled by Bloomberg also predict that retail sales will grow 0.6 percent without autos and 0.5 percent without autos and gas.

A big miss on this number could indicate weakness from consumers, while strength would indicate persistence of consumer buying power.

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