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household consumption on the rise? By Fundswatch

United States: household consumption on the rise?

After a weather-related disappointment in February, retail sales surprised on the upside in March. They jumped 9.8% over the month and 6.8% excluding automobiles, gasoline, construction materials and restoration, components that can be volatile. They thus reached 619 billion dollars, a figure up 17% compared to the pre-crisis level of February 2020.

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