Home | News & Opinion | Retail sales unchanged in April

Retail sales unchanged in April

Font size: Decrease font Enlarge font
Retail sales unchanged in April

“Core” retail sales also unchanged.

Retail sales remained unchanged in April, according to data released by the Commerce Department today. This follows a 1.1% revised increase in March, which ended a three-month decline for the nation’s retailers. 

Analysts had expected a 0.2% increase in April.

Sales excluding autos, gasoline, building materials and food services, so-called “core retail sales,” was also unchanged, compared to a revised 0.5% increase in March.

Analysts had expected a 0.5% increase in core retail sales.

The results call into question the widely-held view that the recent sluggishness of the US economy may be short-lived and attributable to temporary factors such as the harsh weather this past winter. 

Share this:

Join PRESIDENT&CEO on LinkedIn

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image: