Five Takeaways from April Retail Sales Report

Economists predict retail sales in April will rise to 1.0%, not adjusted for inflation after a decline in retail sales in March – indicating consumers are slowly spending their money in an economy with high inflation and interest rates. 1.What Economist Predict In...

Consumers Spending Has Pulled Back In February

After a strong month in January of consumer spending, retail sales decreased in February, an indication that the economy is slowly cooling, but inflation is still high, which may cause the Fed to raise interest rates. Retail sales decreased in February, indicating...