NRF: Census data shows steady retail sales in April as tariff concerns continued
Data released today by the U.S. Census Bureau shows shoppers remained engaged in April amid continued concern over tariffs on imported merchandise, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “Consumers are still spending despite widespread pessimism fueled by rising tariffs,” said Kleinhenz said. “While tariffs may have weighed on spending decisions, growth is coming at a moderate pace...
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