It’s spring, the weather is improving, and according to a new sales report just out from the U.S Department of Commerce, sales figures for March also show improvement! Kathy Grannis, for National Retail Federation, reports that March’s rebound shows that consumers are dipping into their discrepancy spending budgets to buy both hard and soft goods. Some business lines show March improvements, as well.
An early Easter may have been a contributor, but overall, retail sales showed a positive trend over the previous months when sales were affected by severe weather conditions in many parts of the country.
The U.S. Department of Commerce figures show sales in March, including autos, gas, and restaurants, increased 0.9% seasonally adjusted month-to-month, and 1.3% unadjusted year-over-year. Retail categories showing greatest growth include:
- Furniture and Home Furnishings
- Clothing and Clothing Accessories
- Building Materials, Supplies, and Garden Equipment
With sales looking upward, now would be a great time to make sure your Point of Sale System is up-to-date with the latest advances that will help you make this coming summer season the most profitable one ever. Call us today for information about NCR’s Counterpoint CustomerConnect feature and CPMobile. Don’t miss out on these valuable tools.
Marlene