April’s Retail Sales Signal a ‘Sluggish’ Economy Ahead

April’s Retail Sales Signal a ‘Sluggish’ Economy Ahead

New data reflects the impact of tariffs on the U.S. consumer spending.

U.S. Retail Sales Rise in April Despite ‘Widespread’ Tariff Pessimism - Home Furnishings News

Data released last week 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 for the National Retail Federation (NRF). “Consumers are still spending despite widespread pessimism fueled by rising tariffs,” said Kleinhenz. “While tariffs may have weighed on spending decisions, growth is coming at a moderate pace and consumer spending rem…

U.S. retail sales rise in April despite ‘widespread’ tariff pessimism - Furniture Today

WASHINGTON — Data released last week 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 for the National Retail Federation. “Consumers are still spending despite widespread pessimism fueled by rising tariffs,” said Kleinhenz. “While tariffs may have weighed on spending decisions, growth is coming at a moderate pace and consumer spend…

Census data shows retail sales were steady in April as tariff concerns continue to grow

WASHINGTON – Data released this week by the U.S. Census Bureau shows shoppers remained engaged in April amid continued concern over tariffs on imported merchandise, National Retail Federation Chief Economist Jack Kleinhenz said.“Consumers are still spending despite widespread pessimism fueled by rising tariffs,” Kleinhenz said. “While tariffs may have weighed on spending decisions, growth is coming at a moderate pace and consumer spending remain…

Census Bureau: Retail Sales Steady in April, Despite Tariff Concerns.

Fears of a contracting economy and tariffs on imported merchandise have not stopped consumers from opening their pocketbooks. According to data released Thursday by the U.S. Census Bureau, shoppers continued to spend in April, according to National Retail Federation Chief…