Amid the coronavirus pandemic, retail sales just experienced the biggest plunge on record.
The Commerce Department said Wednesday that retail sales in March dropped 8.7 percent, Reuters reports. This is the biggest decline since the data started being tracked in 1992. In February, retail sales fell a revised 0.4 percent. Though a big decline was expected in a month in which businesses around the country were forced to close down to the coronavirus pandemic, the number was even worse than the 8.0 percent that economists were anticipating.
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