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31st Mar 2026 10:38USDaily Monitor
  • February’s solid retail sales likely were lifted by the weather and a short-lived boost from tax refunds.
  • The underlying trend probably is still soft, and looks set to slow further amid the shock to energy prices.
  • We think consumption growth of around 2% in Q1 will be followed by unchanged spending in Q2. 

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Keywords for: 2 April 2026 US Monitor

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