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Retail Sales Rise Most in a Year, Marking U.S. Consumer Comeback

  • Eleven of 13 categories shows gains in broad-based rebound
  • Auto dealers, grocery stores and online merchants lead advance
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Retail Rebound: Sales Rise by Most in a Year

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Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the U.S. economy recover from an early-year slowdown.

Purchases climbed 1.3 percent last month, the biggest gain since March 2015, after a 0.3 percent March drop that was smaller than previously reported, Commerce Department figures showed Friday in Washington. The median forecast of economists surveyed by Bloomberg called for a 0.8 percent gain.