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14th Apr 2026 09:01USDaily Monitor
  • A huge leap in nominal sales of gasoline likely meant a strong March headline retail sales print.
  • Core sales probably also were supported by big tax refunds and unseasonably warm weather.
  • We still expect the hit to real incomes from higher gas prices to mean a weak Q2 for consumers.

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Keywords for: 16 April 2026 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence