Benzinga | Apr 8, 2021 07:11AM EDT

Mastercard SpendingPulse Data Shows US Retail Sales Grew 26.3% YoY, Online Sales Grew 56.8%

U.S. retail sales growth rates increased by double-digits in March as we hit the one-year mark since the first Covid lockdowns impacted retail sales. According to Mastercard SpendingPulse(tm), U.S. retail sales excluding automotive and gasoline increased 26.3% year-over-year in March, and online sales grew 56.8% compared to 2020. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment.