U.S. retail sales up a higher-than-expected 1.4% in March
Headline from UPI
The U.S. Census Bureau said Wednesday that seasonally adjusted retail sales for March were an estimated $734.9 billion, an increase of 1.4% from February. Sales were 4.6% higher than March 2024.
UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The U.S. Census Bureau said Wednesday that seasonally adjusted retail sales for March were an estimated $734.9 billion, an increase of 1.4% from February. Sales were 4.6% higher than March 2024.
Retail and food service sales advanced at an unexpectedly high rate of 4.6% on a seasonally-adjusted basis in March, bringing the total year up 4.1% over previous year.
The key driver of the economy saw the biggest increase in over two years in March, as car buyers tried to get ahead of President Trump's tariffs on imported autos and auto parts.
Spending at US retailers skyrocketed last month at the strongest monthly pace in more than two years as Americans rushed to beat President Donald Trump’s massive tariff hikes.
U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new big ticket items from gadgets to cars before President Donald Trump’s expansive new tariffs started...
U.S. retail sales increased by 1.4% in March, the biggest jump in more than two years, as consumers rushed to buy cars and building materials before tariffs take hold.
Retail sales rose in March as consumers stepped up purchases of durable goods like vehicles in an effort to beat anticipated price hikes after tariffs took effect in April.
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