U.S. Retail Sales Jump Most in a Year on Consumer Rebound: ChartBy and
Despite dim prospects by retailers such as Macy’s Inc. this week, the U.S. consumer appears to be making a comeback. Sales at retailers jumped in April by the most in a year, after a 0.3 percent drop the prior month that was smaller than previously reported, Commerce Department figures showed Friday in Washington. Core sales -- which strip out categories such as autos, gasoline stations and building materials -- advanced 0.9 percent last month, the most since 2014.
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.
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Getting a Dog May Save Your Life, Especially If You’re Single
- The Questionable Math Behind Manafort’s Extravagant Home Renovations
- Musk Dusts Off the Fundraising Playbook With Semi, Roadster Orders