US shoppers stayed engaged in April despite tariff concerns, with retail sales up 0.1 per cent month-over-month and 5.2 per cent year-over-year.
Core sales rose 5.1 per cent year-over-year.
NRF chief economist Jack Kleinhenz noted that while tariffs affected spending, consumer spending remained steady, supported by positive job and wage data and lower energy prices.
Core sales rose 5.1 per cent year-over-year.
NRF chief economist Jack Kleinhenz noted that while tariffs affected spending, consumer spending remained steady, supported by positive job and wage data and lower energy prices.
