Retail Sales Continue Upward Momentum in March

WASHINGTON-In another sign that the U.S. economy is gaining pace, retail sales picked up 1.6 percent in March over February, finishing the month at a total of $363.2 billion on a seasonally adjusted basis.

That figure also represented a 7.6 percent increase over March 2009. It also included a 1 percent month-over-month rise in sales at department stores (excluding leased departments), to $16.1 billion; and a 1.5 percent gain in sales at furniture and home furnishings stores, which totaled $8.2 billion.

Examining the results, the National Retail Federation said U.S. retail sales in March were better than expected. "It's evident consumers were feeling much better about the economy and their finances last month," said Rosalind Wells, NRF's chief economist. "Pent-up demand combined with an early Easter and warm spring weather significantly boosted consumers' moods and retail sales."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.


  • Von Tobel Cites Brass Textures Among Top Trends

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017


    September 2017


    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.