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 ...
WASHINGTON, May 15 (Reuters) - 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.
Retail sales in the United States were flat in April, government data showed Wednesday, despite analyst expectations that they would continue growing and in a sign that consumer spending is cooling.
Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...
New York (CNN) — US consumers could be reaching their breaking point. After dealing with elevated inflation and the highest interest rates in decades, they’re starting to rein in their spending.
The drop in sales indicates that retail sales remain on a stagnant trend for the moment in the eurozone. While most of the ...
The US consumer showed signs of slowing in April. Retail sales were flat in the month, according to data from the Commerce Department, furthering concerns about the state of the consumer amid ...
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in April from the previous ...