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US retail sales plunge by record 8.7% in March amid shutdown
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WASHINGTON – U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home.
Sales fell sharply across many categories: Auto sales dropped 25.6%, while clothing store sales collapsed, sliding 50.5%. U.S.
consumer confidence has plunged and the vast majority of Americans are hunkered down at home under shelter in place orders. Grocery store sales, however, jumped by nearly 26% as Americans stocked up on food and consumer goods to ride out the pandemic.
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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