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Excluding autos and gas, retail sales declined by 0.1% last month; expectations had been for a 0.1% increase. Nonstore retailers, which includes online sales, led the declines, falling 1.2% from ...
Retail sales increased 0.4% in April compared with March, when sales decreased 0.7%. Retail sales data from the U.S. are not adjusted for inflation unlike many other government reports, so the ...
NEW YORK (AP) — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Retail sales rose 0.1% in ...
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Retail sales rose 0.4% in April from the previous month, representing only half of the growth that Wall Street had expected. Economists had projected sales would rise 0.8% over the prior month ...
Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, gaining 0.4% in April. Sales rose 3.0% year-on-year in April.
Myles Udland, Brian Sozzi, and Julie Hyman break down the April retail sales report and the state of consumers with Moody’s Vice President & Senior Credit Officer Charlie O’Shea.
Excluding that category, retail sales were up by a still-strong 0.4% in July from June. Retail spending on electronics and at grocery stores also rose robustly last month, up by 1.6% and 1% ...