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.
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 ...