Retail sales surged in March led by autos as consumers looked to beat tariffs [FOX Business Network]
Comerica Incorporated (CMA)
Last comerica incorporated earnings: 4/21 06:34 am
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Source: FOX Business Network
U.S. retail sales rose more than expected in March as consumers frontloaded big-ticket purchases to get ahead of anticipated tariff-induced price hikes. The Commerce Department released its data for March on Wednesday, which showed retail sales increased 1.4% on a monthly basis, a bigger gain than the forecast of a 1.3% rise that was projected by LSEG economists. When excluding vehicle purchases, retail sales were up 0.5% in March, which also surpassed the 0.3% estimated by LSEG's poll of economists. President Donald Trump's 25% tariffs on imported cars and trucks took effect in early April, which industry analysts and manufacturers warned would significantly raise motor vehicle prices. Motor vehicle manufacturers reported a big jump in auto sales in March, attributed by some to a rush by buyers "to try and beat the tariffs The report showed that sales by motor vehicle and parts dealers were up 5.3% in March from a month ago and 8.8% from the same month a year ago. "Faced
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CMA
Earnings
- 10/20/25 - Beat
CMA
Sec Filings
- 12/15/25 - Form PX14A6G
- 12/11/25 - Form 425
- 12/11/25 - Form 425
- CMA's page on the SEC website