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Retail sales aren’t adjusted for inflation, meaning these figures could artificially rise in the coming months as tariffs make goods more expensive, even if US consumers are buying less.
Tariffs were likely top of mind for consumers, whose spending at motor vehicles and parts dealers rose 5.3 percent from a month earlier. US retail sales jumped in March, according to government ...
Reacting to the rise in retail sales, chief economist at FWDBONDS, Chris Rupkey, said, "Net, net, these are simply blow out numbers on March retail sales where the rush is on like this is ...
The Commerce Department on Wednesday said retail sales increased 1.4% last month, up significantly from February's 0.2% rise. Auto sales drove most of the buying, with dealerships reporting ...
Retail sales increased 1.4% last month, the largest gain since January 2023, after an unrevised 0.2% rise in February, the Commerce Department's Census Bureau said. Economists polled by Reuters ...
Retail sales rose 1.4% in March, after rising 0.2% in February, according to the Commerce Department. Retail sales fell 1.2% in January, hurt in part by cold weather that kept more Americans ...
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