US retail sales rises 1.7% MoM in March driven by gas price spike due to the Iran war

The Times of India

A spike in gas prices due to the Iran war, now in its eighth week, resulted in a hefty 1.7% gain in retail sales in March after a revised 0.7% increase in February, according to the Commerce Department's report on Tuesday. The report marks the first read on s… more…

Gas Prices Haven’t Hurt Retail Spending

pymnts.com

Retail spending surprised analysts with an upswing in March, but the headline strength came with a familiar caveat: higher prices at the pump did much of the heavy lifting, even as underlying demand held together. Online sales continued to show momentum, as w… more…

First vacuums — then the world

The Verge

Many startups spend years trying to become a household name. Others just spend $10 million on a Super Bowl ad. That's Dreame's bet. The little-known Chinese robot vacuum company has grand ambitions to become a global consumer electronics giant and chose to ru… more…

Retail sales up a sharp 1.7% in March from February driven by a spike in gas prices due to the Iran war

PBS

Excluding gas prices, the growth was a slim 0.6%, helped in part by government tax refunds and warm weather. more…

U.S. Retail Sales Soar as Consumer Spending Broadly Surges

Breitbart News

U.S. consumers spent far more at American retail stores, gas stations, and online than economists had forecast, showing no signs that the household sector has shied away from everyday or major purchases due to higher gas prices or concerns over The post U.S. … more…

Retail sales up 1.7% in March from February driven by gas price spike

Boston Herald

Retail sales up 1.7% in March from February driven by gas price spikebostonherald.com more…

Retail sales up 1.7% in March from February driven by a spike in gas prices due to the Iran war

WDIV ClickOnDetroit

Shoppers accelerated their spending in March from February, but they spent a good chunk of their money at the gas pump. more…