Retail Sales Thursday, May 12, 8:30 A.M.By
Retail sales likely increased by 0.5% in April after a 0.4% advance in March, according to the median forecast of economists surveyed by MMS International, a division of McGraw-Hill Inc. Excluding cars, April sales are also expected to have risen by 0.5% after a 0.4% gain in March. However, a 0.2% drop in sales at department and discount stores, as reported by the Johnson Redbook Report, suggests that the April forecast may be too optimistic.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.