March retail sales jump on higher gas prices, Commerce Department says
UPI
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https://cdnph.upi.com/ph/st/th/7991776793621/2026/upi/cb8adba97a669468bc1c0a8d8cab1298/v1.5/March-retail-sales-jump-on-higher-gas-prices-Commerce-Department-says.jpg" /> Retail sales rose by 1.7% in March mostly due to high gas prices from the ongoing conflict with Iran.
Gas station sales were boosted by the war.
Retail Sales Surge on Gas Prices
- U.S. retail sales posted a 3-year high in March, but gas did the heavy lifting Quartz —
- US retail sales surge past expectations on energy spike RTE —
- US Retail Sales Soar in March Led by Spending on Gas Bloomberg —
- Higher Gasoline Prices Lifted March Retail Sales Wall Street Journal —
- Commerce Department: March retail sales rise 1.7% as gas station sales surge 15.5% AP News —