Insight ReportMarch 2025 US Retail Sales: Retail Sales Rebound Amid Tariff Concerns Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research April 16, 2025 Reasons to ReadIn March 2025, US retail sales (excluding gasoline and automobile sales) rebounded from February’s decline, despite concerns around tariffs. Using data from the US Census Bureau, we analyze US retail sales in February 2025, in total and by sector. Data in this research report are: Year-over-year changes in US total retail sales (excluding gasoline and automobiles), March 2024–March 2025 Year-over-year changes in retail sales by sector, February and March 2025 Other relevant research: US Tariffs: Three Actions for Risk Mitigation and Long-Term Positioning Inflation Up, Sentiment Down: Alarm Bells for the US Consumer Economy? Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators in the US. All our coverage of macroeconomics The US Retail Sales Databank features retail sales values and year-over-year growth, in total and by sector, by year and by month. This Databank is updated monthly. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Financial Confidence Stabilizes: Weekly US Consumer Sentiment, Week 42, 2025—Data GraphicSeasonal Shopping, 1Q25—Expectations for Valentine’s Day and Presidents’ Day: US Consumer Survey Insights ExtraThree Data Points We’re Watching This Week, Week 15: US CPG LatestUS CPG Sales Tracker: Beauty and Food Drive E-Commerce Growth; Discretionary Categories Rebound
