Americans have started to splurge on discretionary items after a ho-hum winter season. This is well reflected in the pickup in retailers’ March sales, putting an end to three straight months of a decline. Consumer outlays rose on the back of a strong jobs market, rise in income, tax cuts and refunds.
Consumer optimism, by the way, continues to remain at a high level.5 Top Stocks to Buy as Americans Go on a Spending Spree
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