US Retail Sales Rise for 3rd Month Despite Gas Price Surge
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Retail sales climbed 1.7% M/M to $752.1B in March, topping the +1.4% consensus and accelerating from the +0.7% pace in February, according to advance data released by the U.S. Census Bureau on Tuesday. Better yet, the February increase in retail sales was ...
WASHINGTON >> U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service stations, while tax refunds underpinned spending elsewhere. Though higher prices largely ...
Washington — U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service stations, while tax refunds underpinned spending elsewhere. Though higher prices largely ...
M/M to $757.1B vs. +0.5% consensus and +1.6% in March (revised from +1.7%), according to data released by the U.S. Census Bureau on Thursday.
Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.