Economic Watch: March Retail Sales Post Biggest Hike Since 2012
The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.
Retail sales in the U.S. increased in March by its biggest margin since September 2012, according to a new Commerce Department Report.
The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.
The increase was higher than a consensus forecast from economists.
Compared to a year ago the March retail sales level is 3.8% higher.
Helping to lead the increase was a 3.1% jump in auto sales form the month before, the best gain since September 2012, while sales at general merchandise stores increased 1.9%, the best hike since March 2007 and before the Great Recession.
Total retail sales minus autos was 0.3% higher in March than in February, the biggest increase in more than a year.
“After months of winter weather slowing consumer's ability to spend out in the market place, there appears to be somewhat of a spring rebound in goods spending. But while a welcomed sign, we expect this rebound to be short lived as consumers weren't just confined to their homes but busy spending elsewhere from December to February, most notably on healthcare services and utilities,” said Lindsey Piegza, chief economist at the investment firm Sterne Agee.
“With premiums on the rise and families struggling to combat the cold, consumers were forced to cut back on goods consumption for service purchases,” she said. “Hardly a trend of across-the-board growth in consumption indicative of a strong consumer, with goods purchases on the rise, service spending is then likely to proportionately suffer on the flip side.”
Other analysts were more bullish on the report with one saying it is evidence the “economy is bouncing back” after a downturn during a severe winter.
More Fleet Management

How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets
Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.
Read More →
What the U.S.-Canada Trade War Means for Trucking
Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.
Read More →
What Are Trucking’s Top Concerns for 2026?
The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.
Read More →
American Trucking Associations Looks for a New Leader
ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.
Read More →
Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data
Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.
Read More →
For Nicky Cupp, Fleet Innovation Starts With Frustration
HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.
Read More →
Adam Buttgenbach’s Approach to Electric Trucks: Start With Where They Fit
HDT Truck Fleet Innovator Adam Buttgenbach helped PepsiCo build one of North America’s largest EV fleets by focusing on where electric trucks make operational sense.
Read More →
Deen Albert: Let Automation Do the Math, People Make the Decisions
HDT Truck Fleet Innovator Deen Albert makes sure people are still at the heart of operations at Grand Island Express, even while adopting artificial intelligence tools. AI-assisted dispatch helped boost revenue 25% with the same number of trucks.
Read More →Trimble’s New AI Agent Takes Aim at Fleet Back-Office Busywork
Arc Agent works across Trimble TMS products to automate repetitive tasks such as freight orders, maintenance, invoices, fuel costs and more.
Read More →
How HDT’s 2026 Truck Fleet Innovators Are Rethinking Fleet Operations
Meet five trucking leaders who are challenging assumptions, solving operational problems, and putting innovative ideas to work.
Read More →

