U.S. March Retail and Pending Home Sales Rise
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Washington — The U.S. Commerce Department reported on Tuesday that retail sales climbed 1.7% in March after an upwardly revised 0.7% gain in February, while the National Association of Realtors said pending home sales rose 1.5% in March. Excluding autos, retail receipts increased 1.9%, and sector-level data showed sharp gas-station gains.
This week Reuters and other outlets noted that gasoline prices surged in March, lifting gas-station receipts by double digits and contributing to headline retail growth; Commerce data showed department stores and furniture sales also increased. NAR highlighted regional strength in the Northeast and South and declines in the West and Midwest, and the Census Bureau will publish April data next month.
More context
Timeline
- 1. Last year: government shutdown delays some Census Bureau retail releases.
- 2. March 2026: U.S. retail gasoline prices rose sharply, per EIA.
- 3. March 2026: Commerce Department reported retail sales up 1.7% for March.
- 4. March 2026: NAR reported pending home sales index rose 1.5% to 73.7.
- 5. April 20, 2026: News outlets published the March retail and housing reports.
Why it matters
The rise in retail sales means businesses are doing well, which can lead to job stability and growth. Higher home sales can increase property values. If you're a homeowner in the Northeast or South, this could be good news.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
