{"id":3912,"date":"2023-05-16T10:02:42","date_gmt":"2023-05-16T15:02:42","guid":{"rendered":"https:\/\/embarrdowns.com\/us-retail-sales-rebound-in-april-but-fall-short-of-expectations\/"},"modified":"2023-05-16T10:02:42","modified_gmt":"2023-05-16T15:02:42","slug":"us-retail-sales-rebound-in-april-but-fall-short-of-expectations","status":"publish","type":"post","link":"https:\/\/embarrdowns.com\/us-retail-sales-rebound-in-april-but-fall-short-of-expectations\/","title":{"rendered":"US Retail Sales Rebound in April, But Fall Short of Expectations"},"content":{"rendered":"

Retail sales in the United States increased by 0.4% in April from the previous month, according to the advance estimates released by the Department of Commerce. This marks the first increase in two months, following declines of 0.7% in February and March.[0]<\/a><\/sup> However, the figure is below the expected 0.8% increase, and reflects only half of the growth that Wall Street had predicted.[1]<\/a><\/sup> Apart from cars, retail sales witnessed an anticipated rise of 0.4%. Core retail sales, which excludes automobiles, are likely to have increased by 0.4% in April, rebounding from a 0.4% drop in March. Although there was an increase in spending last month, only seven out of 13 retail categories experienced a rise in sales. These categories included motor vehicles and parts dealers, garden and home improvement stores, health and personal care stores, and general merchandise stores.[2]<\/a><\/sup> The figures are not adjusted for inflation.[2]<\/a><\/sup><\/p>\n

0. <\/span>“US April retail sales +0.4% vs +0.8% expected” ForexLive, 16 May. 2023, https:\/\/www.forexlive.com\/news\/us-april-retail-sales-04-vs-08-expected-20230516\/<\/a><\/a><\/p>\n

1. <\/span>“Retail spending rebounded in April” erienewsnow.com, 16 May. 2023, https:\/\/www.erienewsnow.com\/story\/48914088\/retail-spending-rebounded-in-april<\/a><\/a><\/p>\n

2. <\/span>“US Retail Sales Increase in Sign of Steady Consumer Spending” Yahoo Finance, 16 May. 2023, https:\/\/finance.yahoo.com\/news\/us-retail-sales-increase-sign-125843880.html<\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Retail sales in the United States increased by 0.4% in April from the previous month, according to the advance estimates released by the Department of Commerce. This marks the first increase in two months, following declines of 0.7% in February and March.[0]<\/a><\/sup> However, the figure is below the expected 0.8% increase, and reflects only half of the growth that Wall Street had predicted.[1]<\/a><\/sup> Apart from cars, retail sales witnessed an anticipated rise of 0.4%. Core retail sales, which excludes automobiles, are likely to have increased by 0.4% in April, rebounding from a 0.4% drop in March. Although there was an increase in spending last month, only seven out of 13 retail categories experienced a rise in sales. These categories included motor vehicles and parts dealers, garden and home improvement stores, health and personal care stores, and general merchandise stores.[2]<\/a><\/sup> The figures are not adjusted for inflation.[2]<\/a><\/sup><\/p>\n

0. <\/span>“US April retail sales +0.4% vs +0.8% expected” ForexLive, 16 May. 2023, https:\/\/www.forexlive.com\/news\/us-april-retail-sales-04-vs-08-expected-20230516\/<\/a><\/a><\/p>\n

1. <\/span>“Retail spending rebounded in April” erienewsnow.com, 16 May. 2023, https:\/\/www.erienewsnow.com\/story\/48914088\/retail-spending-rebounded-in-april<\/a><\/a><\/p>\n

2. <\/span>“US Retail Sales Increase in Sign of Steady Consumer Spending” Yahoo Finance, 16 May. 2023, https:\/\/finance.yahoo.com\/news\/us-retail-sales-increase-sign-125843880.html<\/a><\/a><\/p>\n","protected":false},"author":3,"featured_media":3911,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"_links":{"self":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/3912"}],"collection":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/comments?post=3912"}],"version-history":[{"count":0,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/3912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media\/3911"}],"wp:attachment":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media?parent=3912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/categories?post=3912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/tags?post=3912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}