Breaking
March retail sales
+1.4% vs +1.2%
Ex autos
+.5% vs +.3% exp.
Strong numbers.
With tariffs coming the market isn’t really reacting.
Are consumers front running the tariffs juicing this months number?
— QE Infinity (@StealthQE4) April 16, 2025
NEW YORK (AP) — U.S. shoppers increased their shopping last month, fueled by a spending spree on big ticket items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in.
Retail sales rose 1.4% in March, after rising 0.2% in February, according to the Commerce Department. Retail sales fell 1.2% in January, hurt in part by cold weather that kept more Americans indoors, denting sales at car dealers and most other stores.
Excluding sales at auto dealers, sales only rose 0.5%.
https://apnews.com/article/retail-tariffs-economy-inflation-e62663e79129f5b2e6bc1e4f99c4e95a