TOPIC: Business Impact

Retail Sales Fell 8.7% in March

The Commerce Dept reported retail sales fell 8.7% in March, compared with February. Retail sales make up around one-fourth of household spending. A spike of grocery store and online orders wasn’t sufficient to compensate for a deep dive in spending at bars, restaurants, car dealerships, and gas stations. https://www.cnn.com/2020/04/15/business/retail-sales/index.html