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US Retail Sales Stall After Downward Revisions in Prior Months
US retail sales stagnated in April after downwardly revised gains in the prior two months, indicating high borrowing costs and mounting debt are encouraging greater prudence among shoppers.
US retail sales were flat in April as inflation bites
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.
US retail sales unexpectedly flat in April
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 were unchanged in April from March as inflation and interest rates curb spending
Retail sales in April were unchanged from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome.
Retail sales flat in April, falling short of Wall Street's expectations
April's update on retail sales comes as economists are closely watching for any signs of weakening consumer demand amid sticky inflation and higher interest rates.
US Retail Sales Misses Expectations In April
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.
US consumer inflation eases to 0.3% in April; retail sales unchanged
The reports suggested that domestic demand was cooling, which is likely to be welcomed by officials at the U.S. central bank as they try to engineer a "soft-landing" for the economy
Retail sales unchanged in April from March as inflation and higher interest rates curb spending
Retail sales unchanged in April from March as inflation and higher interest rates curb spending.
Retail sales disappoint in April, unchanged from previous month
There have been some hints that the Federal Reserve’s campaign to cool inflation by reining in spending may be taking hold.
Retail sales were flat in April, falling below economists’ expectations
Retail sales were unchanged in April, the Commerce Department said Wednesday. Sales at gas stations offset weakness in cars and several other categories.
April Retail Sales Disappoint. Consumers Are Pulling Back.
Excluding sales at gas stations and car dealers, retail sales dipped by 0.1% from March, while economists had expected them to rise by 0.1%. Gas station sales were up 3.1% from Ma
13h
on MSN
US business inventories fall in March
U.S. business inventories fell in March, but this could lay the ground for businesses to rebuild stocks and support economic ...
6h
US inflation eased last month in the first slowdown of 2024
A measure of underlying U.S. inflation cooled in April for the first time in six months, a small step in the right direction ...
U.S. News & World Report
20h
South African Retail Sales Rise 2.3% Year on Year in March
JOHANNESBURG (Reuters) - South African
retail
sales
rose 2.3% year on year
in March
after decreasing by a revised 0.7% ...
1d
on MSN
US dollar index (DXY) sits and waits for US CPI, retail sales data
The US dollar index (DXY) retreated for the second day in a row after a relatively hawkish Jerome Powell statement. It also ...
21h
Stock market today: Asian markets follow Wall Street higher ahead of key inflation update
Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record ...
San Francisco Examiner
10h
Stock markets set records, dollar slides as US inflation cools
Stock markets struck record highs Wednesday after official data showed US inflation cooled slightly in April, raising hopes ...
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