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America (and I) went on a pre-tariff splurge in March

  • The U.S. Census Bureau released advance estimates of March retail sales today.
  • President Trump's tariffs, initiated in January, caused consumers to react.
  • Motor vehicle sales rose 5.3%, building materials increased 3.3%, and sporting goods grew 2.4%.
  • According to Heather Long, "March was basically a big clearance sale."
  • Economists anticipate a one-time surge and more challenging times ahead due to tariffs.
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America (and I) went on a pre-tariff splurge in March

By Rick VanderKnyff, NerdWallet My wife and I bought a new car last month. It turns out we were not alone. That was made apparent by the crowds at the dealership where we bought our hybrid hatchback on March 30, and confirmed by a new report on retail sales figures for March. Advance estimates of March retail sales released today by the U.S. Census Bureau showed sales of motor vehicles and parts up 5.3% in March over the previous month, compared…

·Cherokee County, United States
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  • 73% of the sources are Center
73% Center
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vtforeignpolicy.com broke the news in on Sunday, April 20, 2025.
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