NRF: Retail sales rose in April as consumers “remained engaged”
Retail sales bounced back in April, showing both month-over-month and year-over-year growth, said the National Retail Federation said. “Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” said Matthew Shay, CEO and president, NRF. “Moderating price levels, continued labor market strength and wage gains have increased consumers’ ability to spend. However, they remain cautious...
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