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Daily Roundup of Key US Economic Data for April 7
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Daily Roundup of Key US Economic Data for April 7
Apr 7, 2026 12:32 PM

03:09 PM EDT, 04/07/2026 (MT Newswires) -- The New York Fed's inflation expectations survey for March showed the impact of the conflict in Iran, with expectations at the one-year and three-year horizons higher than in the previous month.

Redbook reported that US same-store retail sales were up 7.6% year-over-year in the week ended April 4, larger than a 6.9% gain in the prior week due to mild weather, spring break, Easter and upcoming prom and graduation events.

The RealClearMarkets's sentiment index, the first consumer measure for April, fell to 42.8 from 47.5 in March on declines in all three of its components. Any reading below 50 indicates more pessimism than optimism.

The RealClear data also points to rising financial stress as gas prices rose and anxiety increased, both due to the war with Iran.

Durable goods new orders fell by 1.4% in February, while shipments rose by 1.3%.

Excluding transportation, new orders were up 0.8%, and shipments rose by 1.2%.

Consumer credit usage rose by $9.5 billion in February after a $7.7 billion gain in January, with revolving credit use rising at a slower rate and nonrevolving credit use rising at a faster rate.

The Q1 GDPnow estimate from the Atlanta Fed is for a 1.3% gain, down from a 1.6% gain in the previous estimate. The next update is scheduled for April 9.

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