March Retail Sales Surge 1.7% as Spiking Gas Prices Drive Record Spending

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

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