Bumpy Road Ahead For Retail As April Figures Miss Expectations

Bumpy Road Ahead For Retail As April Figures Miss Expectations

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Retail sales edged higher in April, up 0.4% from last month, according to data from the Department of Commerce. While this is an increase from the revised 0.7% decline in March, the figure was below analysts forecasts of 0.8%. On an annual basis, retail spending grew 1.6% in April, marking the…

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