Retail sales grew 2.9% in the week ended March 16, after a 2.7% rise the previous week, according to the weekly retail sales report released by Johnson Redbook Tuesday.
Month-to-date, March was up 2.8% compared to March of last year (relative to target of a 3.3% gain). Month-over-month showed a 0.7% gain (relative to a target of a 1.2% gain).