Retail Sales Were Unchanged In April From March As Inflation And Interest Rates Curb Spending
www.theyeshivaworld.com - 2024-05-15T21:00:27.000Z

Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales were unchanged, coming in well below economists’ expectations, and follow a revised 0.6% pace in March, according to Commerce Department data released Wednesday. Sales rose 0.9% in February. That […] Read this story