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Retail Sales Muted in April as Front-Loading Fatigue Sets In

  • Retail sales in the United States saw a slight growth of 0.1% month over month in April after a significant boost in March.
  • Automobile-related sales were down by 0.1% in April following a notable increase in March.
  • Sales of building materials, garden equipment, furniture, and electronics rose in April, while categories like sporting goods and clothing stores experienced declines.
  • Consumers are showing a shift towards online shopping, with eCommerce sales increasing, and many individuals are taking on side gigs to supplement their income due to the impacts of tariffs and inflation.

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