Free Data Graphic 2 minutesFree ReportCoresight Bites: US Average Earnings Growth and Total Inflation Accelerate Slightly Coresight Research May 3, 2021 Each month, our Monthly Consumer Update analyzes key metrics that reflect consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. In the US in March 2021, inflation increased to 2.6% in March from 1.7% in February. Nominal wage growth accelerated to 6.7% in March, from 5.8% in February. The year-over-year change remains high due to job losses among lower-paid workers. Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of monthly reports. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail. Click the image below to read the latest Monthly Consumer Update. This document was generated for Other research you may be interested in: Digitally Native Vertical Brands in the US Beauty Market: Unique Brand Positioning and Expanded Partnerships Fuel GrowthPet Apparel and Accessories: A Niche Market with Strong Growth PotentialChinese New Year 2024 Review: Revealing Trends Amid Evolving Preferences—China Retail InsightsUS Apparel and Footwear—Retail 2024 Sector Outlook: While Resilience Remains, E-Commerce Continues To Cede Share to Physical Stores