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: Five Ways AI Is Being Used in Beauty RetailNovember 2023 US Housing Market Indicators: Mortgage Rates EaseAnalyst Corner—Walmart Leads, Amazon Loses Ground in the Online Grocery Market: US Survey Insights with Sujeet NaikDollar Stores Retain Their Appeal: US Consumer Survey Insights 2023, Week 40