US Retail Sales Rise for 3rd Month Despite Gas Price Surge
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US retail sales post fastest growth since March 2025US retail sales rose 1.7% in March 2026, the fastest pace in a year, surpassing forecasts. Gains were led by a 15.5% jump in gasoline station receipts, while core sales also beat expectations. Strong job creation and rising wages are bolstering consumer ...
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 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
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 stayed resilient in April as Americans spent far more at gas stations, and a bit more at most other kinds of stores.
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 ...