US retail sales barely rise in April
- U.S. retail sales excluding autos and gasoline rose 0.72% month over month in April 2025, showing continued growth.
- This growth followed a surge in March as consumers advanced purchases to avoid tariffs imposing higher prices starting in April.
- April gains appeared broad, with increases in eight of nine retail categories, notably digital products, electronics, appliances, and groceries.
- NRF CEO Matthew Shay explained that the increase in spending was largely due to consumers accelerating their purchases to avoid anticipated price increases resulting from upcoming tariffs.
- Despite an announced U.S.-China tariff reduction deal, retailers still face uncertainty about consumer responses to higher prices amid ongoing economic concerns.
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80 Articles
What last month’s US retail sales numbers show
U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of tariffs. Sales at retail stores and restaurants rose just 0.1% in April from March, the Commerce Department said Thursday. That is much lower than the previous month’s 1.7% gain, which reflected a surge in car sales as consumers sought to get ahead of President Trump’s 25% duty on auto imports that went into effect this month. …
US retail sales barely rise in April
U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and households pulled back on other spending against the backdrop of an uncertain economic outlook.
U.S. retail sales rose 0.1 percent in April, the Commerce Department reported today. The figure was above analysts' expectations, who had predicted no change due to President Donald Trump's tariff policies. Retail sales rose 5.2 percent year-on-year.
Retail sales peter out in April as tariffs kicked in
After rushing to buy new cars and other imported goods in March before tariffs took effect and raised prices, Americans reduced their spending at retail stores in April in a sign of caution about how the trade wars would play out. Article Attribution | Read More at Article Source The post Retail sales peter out in April as tariffs kicked in appeared first on RocketNews.
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