Retail sales spring back 0.9 percent in March. Is the economy back on track?

April 14, 2015 3:15 PM

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Retail sales spring back 0.9 percent in March. Is the economy back on track?

Retail sales increased 0.9 percent in March after three straight months of declines, according to the Commerce Department. The rebound in retail sales suggests the economy may be pulling out of the soft patch that began the year. 

After starting out the year pinching pennies, Americans finally increased their spending again in March as the weather warmed up.

Also read: Cyber Monday sales spike 9.4 percent, early data shows

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