Retail sales stall after latest wave of stimulus spending
Bloomberg News
Retail sales stall after latest wave of stimulus spending
(Bloomberg)—U.S. retail sales stalled in April following a sharp advance in the prior month when pandemic-relief checks provided millions of Americans with increased spending power. The value of overall retail purchases was essentially unchanged last month following an upwardly revised 10.7% gain in March that was the second-largest in records back to 1992, Commerce Department […]