A few weeks ago, the Conference Board, which surveys how consumers feel about the economy, reported impressive growth in consumer confidence. Now, those positive feelings are turning into cash where it counts, in cash registers all over the country.
According to the Commerce Department, retail sales grew 1.1 percent in March, the largest gain since September 2012. The figures show the economy gaining traction through the first quarter, and economists now believe we are poised for even better sales following the bitter. Consumers will be making up for what they didn’t purchase over the winter.
Gains were made in almost every consumer field, including most likely, yours.
Are you seeing this burst of economic recovery in your business? If not, it may be coming soon, and even if you are...Read More >