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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 ...
U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating that consumer spending was losing momentum. The unchanged reading in ...
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 ...
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 ...
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 ...
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales were unchanged ...
Retail sales rose just 0.1% in May from the prior month, the Commerce Department reported Tuesday. That’s better than April’s downwardly revised 0.2% decline but below the 0.3% gain economists ...
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.