April Retail Sales About As Expected - Consumers Spending At A Modest Pace
Source: SeekingAlpha
2026-05-14 10:45:00 ET
By David W. Berson, Ph.D.
Retail sales rose by 0.5 percent in April, just shy of market expectations. This figure was held down by a small decline in auto spending (expected given the already reported slip in unit auto sales) but boosted by another jump in sales at gasoline stations (no surprise given the sharp rise in gasoline prices). These items roughly offset each other, with total retail sales less autos and gasoline stations up by 0.5 percent....
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April Retail Sales About As Expected - Consumers Spending At A Modest Pace
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