International Economic
US retail sales spike as consumers try to get ahead of tariffs
By Alexander Bueso
Date: Wednesday 16 Apr 2025
(Sharecast News) - Spending by Americans spiked last month, in part due to an attempt to front run the imminent imposition of import tariffs.
According to the US Department of Commerce, in seasonally adjusted terms, retail sales volumes increased at a month-on-month pace of 1.4% to reach $734.9bn (consensus: 1.3%).
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