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 ...
Seeking Alpha
Retail sales jump more than expected in March as gas prices surge, tax refunds flow in
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 ...
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
Tax refunds help to lift US retail sales; drag from rising inflation looms
By Lucia Mutikani WASHINGTON, May 14 (Reuters) - U.S. retail sales increased solidly for a third straight month in April, though part of the rise in receipts was due to a sharp rise in inflation since the start of the U.
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.
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 ...