Published 16 days ago

Retail sales up a strong 0.7% in March from February underscoring the resiliency of the US consumer

Retail sales in the US exceeded expectations in March, with a 0.7% increase from the prior month, as reported by the Commerce Department.
Fuel station sales rose by 2.1%, while excluding fuel stations, overall sales increased by 0.6%, indicated the latest report.
Despite challenges like borrowing costs and inflation, households continue to spend, noted Rubeela Farooqi, chief US economist at High Frequency Economics.

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Associated Press News

Retail sales up a strong 0.7% in March from February underscoring the resiliency of the US consumer

Retail sales up a strong 0.7% in March from February underscoring the resiliency of the US consumer.

16 days ago·United States

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abc News

Retail sales surge 0.7% in March with Americans seemingly unfazed by higher prices

Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges

16 days ago·United States

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CNN

Retail sales rose in March for the second-straight month

Spending at US retailers rose in March for the second consecutive month, underscoring the strength of the US consumer fueled by a robust job market.

16 days ago·Atlanta, United States

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KRDO

US retail sales rose in March for the second-straight month

By Bryan Mena, CNN Washington (CNN) — Spending at US retailers rose in March for the second consecutive month, underscoring the strength of the US consumer fueled by a robust job market. Retail sales rose 0.7% in March from the prior month, a slower pace than February’s upwardly revised 0.9% gain, the Commerce Department reported Monday. That beat the 0.4% increase that economists projected, according to a FactSet poll. The figures are adjusted …

16 days ago·Colorado Springs, United States

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KIFI

Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer

By ANNE D’INNOCENZIO AP Business Writer NEW YORK (AP) — Americans increased their spending pace in March at a better-than-expected pace from February, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges. Retail sales rose 0.7% last month after being up a revised 0.9% in February, according to the Commerce Department’s report on Monday. Sales fell a revised 1.1% in January, dragged down in par…

16 days ago·Idaho Falls, United States

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