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News Wire / economy

US Retail Spending Rises Amid Higher Gas Prices

WAMU 88.5 DC Washington 1h8m Impact 5
Overall retail spending grew almost 5% in April compared to March, driven significantly by a nearly 21% increase in spending at gas stations. This surge in gasoline prices is a rare occurrence on government reports and is contributing to inflation.

Topics

retail sales gasoline prices inflation

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Sources · 7 independent

WAMU 88.5 DC

“But here's by far the biggest number, spending at gas stations increased nearly 21%. This kind of number is very rare to see on this government report. It's driven by gasoline prices.”

KQED FM

“inflation , as N PR's Alina Seljuk reports. Compared to last April, overall retail spending grew almost 5%. So it does”

WAMU 88.5 DC

“rare to see on this government report. It's driven by gasoline prices.”

KQED FM

“this government report. It's driven by gasoline prices that have jumped sharply since the U.S. Beg an its war with Iran , and the effect on energy prices has become”

WTOP Washington DC

“You still went shopping last month despite gas prices.”

NBC News Radio

“Spending from the Texas Panhandle through Missouri is under a larger level 1 threat.”

WTOP Washington DC

“You still went shopping last month despite gas prices. I'm John Werdock.”

WWJ Detroit

“longer than recommended a new AAA survey found that when pump prices rise nearly half of Michiganers let their gas tank fall closer to empty than usual before filling up.”

NBC News Radio

“Gas prices are up in most states again this week, but in most cases states are seeing smaller increases.”

KYW Newsradio 1060

“sales, they rose last month, but only by half a percent from the prior. That's a sign that high gasoline prices may have prompted a lot of consumers”

C-SPAN Radio

“my farm paid $355 for a ton of urea. By the time 2022 hit , that price jumped to 30.”

C-SPAN Radio

“span radio. We'll get right back to this hearing on fertilizer prices.”

NPR

“US retail spending increased in April, driven partly by higher gas prices.”

KNX Los Angeles

“fraudsters raiding that program to begin with. That's the threat to the Medicaid program Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for some”

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