Industry insights and research
Emerging trends and fresh perspectives.
Record decline in retail sales
Retail sales declined by a record 8.7% in March due to the widespread mandatory closures of businesses as a result of COVID-19. KPMG Senior Economist Ken Kim breaks down the data and discusses the timing of when retail sales activity might improve.
To speak with Ken Kim contact Matt Weiss at mweiss@kpmg.com.
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Matt Weiss
Industrial Manufacturing Corporate Communications Lead, KPMG US
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