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US retail sales to a record-setting nosedive in March due to the coronavirus pandemic - Building Online Business
This story was delivered to Business Insider Intelligence Payments & Commerce Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they’re published on Business Insider, click here. Stay up-to-date with our latest coverage on the impacts of coronavirus on technology, marketing, and the digital economy here. US retail and food services sales dropped 8.7% in March 2020 compared to February 2020, when sales dipped just 0.4% from the month prior, per estimates from the US Census Bureau. Business Insider Intelligence This represents the largest month-to-month decline in US retail sales since the
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