Retail sales data, such as the 0.5% increase reported by the Commerce Department in April, can reflect both actual consumer spending and price increases, and may be influenced by economic factors like a strong labor market that encourages continued consumer behavior.
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Retail Sales Rose for 3rd Straight Month in AprilIndexed:
A new report shows retail sales rose for the third straight month in April. The Commerce Department says sales were up by a half of one percent (0.5 percent) from March. -- 📺 Watch NTD News 24/7 on cable, broadcast, and streaming: https://www.ntd.com/watch -- 🧶More NTD Programs: https://www.ntd.com/programs?utm_source=YouTube&utm_medium=SocialM -- 🇺🇸 Stay updated with breaking news, special reports, and LIVE COVERAGE on NTD: https://ept.ms/NTDlive_ -- 🔵Sign up for our newsletter to stay informed with NTD News. 👉https://www.ntd.com/newsletter.htm?utm_source=YouTube. If the link is blocked, type in NTD.com manually to sign up. -- 🔵 Watch more: https://www.ntd.com/?utm_source=YouTube&utm_medium=SocialM - 🔵 Watch NTD Original Documentaries: https://vimeo.com/user109504031/vod_pages - 🍀 Support NTD 👉 https://donorbox.org/ntd -- © All Rights Reserved.
A new report shows that retail sales rose for the third straight month in April. Commerce Department saying they were up half a percent from March.
That number can reflect price increases though since it's not adjusted for inflation. It also shows people continue to shop though with experts saying the strong labor market could be fueling that behavior.
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