U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating ...
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.
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 ...
Retail sales in the United States were flat in April, signaling a slowdown in consumer spending. Overall sales held steady at ...
STORY: U.S. consumer prices rose less than expected in April, suggesting that inflation resumed its downward trend at the ...
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 ...
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 ...
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.