Retail sales plunge by record 8.7% in March

Sales fell across many categories, including auto sales and clothing stores.

By

National News

April 15, 2020 - 10:04 AM

WASHINGTON (AP) — 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. 

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