US Retail Sales Rise for 3rd Month Despite Gas Price Surge
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Americans saw large chunks of their wallets get eaten up by soaring gas prices in March; however, consumers still had money left in the tank to spend elsewhere. A war-driven spike in gas prices sent US retail sales 1.7% higher March, the fastest monthly ...
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.