US Retail Sales Soar in March Led by Spending on Gas
Americans spent 15.5% more on gas in March as prices surged due to the war in Iran.
Retail sales rose by 1.7% topping analyst estimates.
Enda Curran reports from Washington. (Source: Bloomberg)
- U.S. retail sales posted a 3-year high in March, but gas did the heavy lifting Quartz —
- Commerce Department: March retail sales rise 1.7% as gas station sales surge 15.5% AP News —
- US Retail Sales Surge by Most in a Year in Broad Advance Bloomberg —
- Retail sales jump more than expected in March Seeking Alpha —
- Higher Gasoline Prices Lifted March Retail Sales Wall Street Journal —