SpendingPulse Sales of luxury items rose 22.7 percent Concrete Mixing Plants in
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Sales of luxury items rose 22.7 percentConcrete Mixing Plantsin March, #xwhile online sales jumped 18.4 percent, its eight consecutive month of double digit growth, according to MasterCard Advisors' SpendingPulse, which estimates total retail sales across all payment forms.The strong figures bode well for U.S. retail chains, including Gap Inc (GPS.N), Saks Inc (SKS.N) and Target Corp (TGT.N), which are scheduled to report March same-store sales data on Thursday.The jump in luxury spending was a contrast to March of 2009, when luxury sales fell 19.2 percent.In March 2009, e-commerce sales rose 10.8 percent."We're seeing a recovery, or continuing gains from a lot of sectors," said Kamalesh Rao, director of economic research for MasterCard Advisors' Spending Pulse, which bases itsConcrete Mixing Plantsdata on aggregated sales activity in the MasterCard payments network, together with estimates for payment forms like cash and check.Wall Street, on average, is expecting same-store sales to rise 6.2 percent in March, according to Thomson Reuters data, boosted by warm weather, an early Easter and an improving job market.Strength in the teen apparel market, which was heavily battered during the economic downturn, also is expected to boost March sales numbers.Consumers drastically cut back on spending during the recession as unemployment rose and lending slowed. Retailers selling non-essential products, rather than items like food or gasoline, felt the greatest pinch.According to SpendingPulse,网站优化, the apparel sector#x saw a 5.2 percent rise inConcrete Mixing Plantssales during March, contrasting with a decline of 12.9 percent in the year-ago period.相关的主题文章：
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