WASHINGTON—Retail sales in the U.S. bounced back in March after a stretch of weak spending, another sign that first-quarter growth was stronger than expected. The fresh data Thursday, on the heels of stronger-than-anticipated U.S. exports and economic growth in China, pushed up estimates for gross domestic product in the first part of the year and expectations for a second-quarter boost. “Overall,...

Source: Wall Street Journal April 18, 2019 12:34 UTC