US retail sales increase 0.5% despite inflation pressures
US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data released Thursday by the US Census Bureau,
CNN
Retail sales post biggest jump in more than 3 years on record spike in gas prices
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 ...
American consumer spending slows as soaring gas prices hits households
American consumer spending slowed in April as soaring gas prices hits households - March had marked the largest monthly surge in retail spending in over three years, largely driven by a rapid spike in
April U.S. retail sales growth slows from March's spike, as expected
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.
Honolulu Star-Advertiser
U.S. retail sales surge as gas prices spike from Iran war
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 ...
Retail Sales Chugged Along In April Despite Fuel Crunch
Retail sales stayed resilient in April as Americans spent far more at gas stations, and a bit more at most other kinds of stores.
Detroit News
Record surge in gasoline receipts boosts retail sales in March
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 ...