WASHINGTON – Retail sales bounced back in April, the National Retail Federation said Tuesday, noting that sales increased both month-over-month and year-over-year. “Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” NRF President and CEO Matthew Shay said. “Moderating price levels, continued labor market strength and wage gains have
WASHINGTON – April retail sales were virtually unchanged from their strong performance in March and grew dramatically year-over-year, the National Retail Federation said on Friday. “In March, we saw a surge in spending as stimulus checks came in, and that spending declined slightly in April,” NRF President and CEO Matthew Shay said. “Year-over-year growth of
PURCHASE, N.Y. — Total U.S. retail sales had another month of double-digit growth in April, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. U.S. retail sales excluding automotive and gasoline increased 23.3% year-over-year in April, and 10.8% compared to April 2019. Online sales in April grew 19.9%
WASHINGTON — Retail sales dropped almost twice as much during April as they did in March, reflecting the first full month when most stores were closed because of the coronavirus pandemic. The U.S. Census Bureau reported that overall retail sales during April were down 16.4% seasonally adjusted from March and down 21.6% unadjusted year over