Your current location:HOME >politics >Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful 正文
TIME:2024-05-21 17:02:50 Source: Internet compilationEdit:politics
NEW YORK (AP) — Americans boosted spending at a hotter-than-expected pace in March, underscoring how
NEW YORK (AP) — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
Retail sales rose 0.7% last month — almost double what economists had forecast — after rising 0.9% in February, according to Commerce Department data released Monday. The February figure was revised upward. That comes after sales fell 1.1% in January, dragged down in part by inclement weather. Excluding gas prices, which have been on the rise, retail sales still rose a solid at 0.6%.
The national average gas price Monday was $3.63 per gallon, per AAA, up 6 cents from a week ago, and up 19 cents from last month, but they’re still 3 cents below where they were at this point last year.
The snapshot offers only a partial look at consumer spending and doesn’t include many services, including travel and hotel lodges. But the lone services category - restaurants - registered an uptick of 0.4%.
Election 2024: Biden and Trump bypassed the Commission on Presidential Debates2024-05-21 16:45
Everybody may love Raymond, but Ray Romano loves Peter Boyle2024-05-21 16:45
Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit2024-05-21 16:40
Messi in and Dybala out in Argentina squad for pre2024-05-21 15:54
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI2024-05-21 15:36
The unstoppable duo of Emma Stone and Yorgos Lanthimos2024-05-21 15:34
US overdose deaths dropped in 2023, the first time since 20182024-05-21 15:16
Inquiry slams UK authorities for failures that killed thousands in infected blood scandal2024-05-21 15:03
Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire2024-05-21 15:03
Mystery artist who erected signs comparing pothole2024-05-21 14:55
Jon Wysocki dead at 53: Staind drummer passes away2024-05-21 16:58
Ohio judge to rule Monday on whether the state’s abortion ban stands2024-05-21 16:57
Messi in and Dybala out in Argentina squad for pre2024-05-21 15:34
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at2024-05-21 15:24
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky2024-05-21 15:19
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang2024-05-21 15:10
Student fatally shot, suspect detained at Georgia's Kennesaw State University2024-05-21 15:09
French sports minister calls for sanctions after Monaco player tapes over anti2024-05-21 15:06
Mystery artist who erected signs comparing pothole2024-05-21 14:48
Yvette Fielding says her Most Haunted co2024-05-21 14:43