U.S. retail sales posted a 3-year high in March, but gas did the heavy lifting
Quartz
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Stripping out gasoline stations, which posted a 15.5% monthly jump, overall retail sales rose just 0.6%
Retail sales surge on gas prices
- March retail sales jump on higher gas prices, Commerce Department says UPI —
- 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 —
- Retail sales jump more than expected in March Seeking Alpha —
- US retail sales surge past expectations on energy spike RTE —