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 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 ...
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 ...
Overall sales held steady from March at a revised $705.2 billion, said the Commerce Department in a report. Analysts expected a 0.4 percent jump, according to Briefing.com. Want a Loan? Get cash ...
The UK economy recorded no growth in April, according to the Office for National Statistics. Gross domestic product (GDP) was ...
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a ...
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 ...