(Reuters) - Retail sales rose by 0.7 percent as warmer weather and an earlier-than-usual Easter holiday encouraged shoppers in March. Excluding automobiles and parts, sales were up a somewhat smaller-than-expected 0.8 percent, according to the Commerce Department report.
"Consumer spending has rebounded quite nicely and that may lead to a better than expected first-quarter growth rate," said Joel Naroff, economist at Naroff Economic Advisors in Holland, Pennsylvania.
Read more at Reuters.com Economic News
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