U.S. retail sales surge 1.7% in March on higher gasoline prices
Rise in auto sales also contributed to higher-than-expected growth, as manufacturers offered incentives
March retail sales surge on gas prices
- U.S. retail sales posted a 3-year high in March, but gas did the heavy lifting Quartz —
- Retail sales up a sharp 1.7% in March from February driven by a spike in gas prices due to the Iran war PBS —
- US Retail Sales Surge by Most in a Year in Broad Advance Bloomberg —
- Record surge in gasoline receipts boosts US retail sales in March - Reuters Reuters —
- Higher Gasoline Prices Lifted March Retail Sales Wall Street Journal —