Coresight Bites: US Average Earnings Growth and Total Inflation Accelerate Slightly

• 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.