Thursday, April 12, 2007

UPDATE 1-U.S. March retail sales, without autos, gain modestly

(Reuters) - NEW YORK, April 12 - An early Easter and strong demand for clothing boosted U.S. retail sales in March, but rising gasoline prices and a soft housing market cast doubts about spending in coming months, according to data published on Thursday by SpendingPulse.

Consumer spending outside the auto sector rose 0.3 percent last month on a seasonally adjust basis, a touch higher than a 0.2 percent gain in February, said SpendingPulse, the retail data service of MasterCard Advisors, an arm of MasterCard Worldwide .


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