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.
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 ...
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 ...
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 ...
The UK economy recorded no growth in April, according to the Office for National Statistics. Gross domestic product (GDP) was ...
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 ...