Retail sales in March surpassed expectations, according to new numbers released by the Commerce Department on Monday. The latest estimates from the Commerce Department show that retail sales in March increased by 0.7 percent — which is more than double the consensus estimates of a 0.3 percent increase for last month. While it surpassed expectations for March, the rise is slightly below February’s 0.9 percent jump in retail sales. The department revised February’s bump in retail sales from 0.6 percent to 0.9 percent, according to the estimate released Monday. The overall increase in retail sales comes after sales fell by 1.1 percent in January. The department said total sales from
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