Higher Gasoline Prices Lifted March Retail Sales
Total retail sales rose by 1.7% in March, following a 0.7% increase in February, as Americans paid more at the pump due to a sharp rise in gasoline prices amid the war in Iran.
Retail Sales Surge on Gas Prices
- March retail sales jump on higher gas prices, Commerce Department says UPI —
- 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 —
- Commerce Department: March retail sales rise 1.7% as gas station sales surge 15.5% AP News —