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The surge in spending, reflected in a variety of retail sectors, underscores consumer confidence in key areas like digital products, electronics, and groceries.
Retail sales constitute a significant portion of overall consumer spending and are seen as a key indicator of the overall health of the U.S. economy.
US retail sales grew in April by 0.72%, driven by consumers buying goods ahead of expected tariff price increases. Total ...
U.S. retail sales increased by the most in more than two years in March as households stepped up purchases of motor vehicles ...
The Commerce Department on Wednesday said retail sales increased 1.4% last month, up significantly from February's 0.2% rise. Auto sales drove most of the buying, with dealerships reporting the ...
Retail sales aren’t adjusted for inflation, meaning these figures could artificially rise in the coming months as tariffs make goods more expensive, even if US consumers are buying less.
Used car prices rose in April as the auto market responded to President Donald Trump's tariffs, reaching the highest level since 2023 as buyers rushed to beat tariff price hikes.
Retail sales rose 1.4% in March ... “The investments we were looking to make and the people we would have hired to help us run this business…. That’s now off the table,” he said.