Retail on Three-Month Winning Streak
NEW YORK (TheStreet) -- Retail sales rose for the third month in a row in March, beating economists' forecasts.
According to the Commerce Department, sales grew 1.6% during the month, the largest increase since November. Analysts predicted a smaller gain of 1.2%.
Sales were boosted by motor vehicles and auto parts, which soared 6.7%. Excluding this segment, sales climbed just 0.6%.
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