Thursday, July 7, 2022
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Retail Spending Increased 0.9% in April

in News
Retail spending increased 0. 9% in april
Share on FacebookShare on Twitter

Despite an ongoing surge in prices April’s retail sales rose about in line with Wall Street expectations.

Monthly sales rose 0.9% overall, just below the estimate for a 1% increase, the Commerce Department reported. Excluding autos, sales increased 0.6%, which was better than the 0.4% estimate.

April’s good results added to a positive trend. March’s spending was revised higher from the original estimate of a 0.5% increase to a 1.4% gain.

Gains in April were powered by a 4% increase from miscellaneous retail and a 2.1% jump in online sales. Bar and restaurant sales rose 19% from a year ago, when the economy was still struggling with covid-related restrictions.

Results are consistent with an economy that continues to grow despite inflation pressures. On an annualized basis, the consumer price index rose 8.3%.

A separate report released by the Fed showed that industrial production rose 1.1% in April, well above the 0.5% Dow Jones estimate. Capacity utilization increased to 79%, slightly ahead of the 78.6% estimate.

Production at auto plants increased 3.9% last month after accelerating 8.3% in March.

Tags: Department of CommerceRetail

Related Posts

Weekly jobless claims rise to 229,000, nears five-month high
News

Jobless Claims Rose Slightly Last Week, Layoffs Hit 16-Month High

U. K. Prime minister boris johnson resigns
News

U.K. Prime Minister Boris Johnson Resigns

Amazon secures stake in grubhub, gets into food delivery
News

Amazon Secures Stake in Grubhub, Gets into Food Delivery

Job openings fell in may as demand for workers remains strong
News

Job Openings Fell in May as Demand for Workers Remains Strong

Microsoft’s $68. 7 billion deal for activision faces probe in the u. K.
News

Microsoft’s $68.7 Billion Deal for Activision Faces Probe in the U.K.

Ford sales grow 31% in june, shares hit 52-week low
News

Ford Sales Grow 31% in June, Shares Hit 52-Week Low

S&p 500 heads to worst first half in decades
News

Stocks Drop as Recession Fears Mount

Ecb prepares to rise rates for first time in 11 years
News

Euro Nears 20-Year Low Against Dollar on Recession Fears

Rihanna becomes youngest self-made billionaire woman in the u. S.
News

Rihanna Becomes Youngest Self-Made Billionaire Woman in the U.S.

Tesla loses spot on s&p 500 esg index
News

Tesla’s Second Quarter Sales Drop 18% Amid Supply Chain Problems

No Result
View All Result

Recent Posts

  • Jobless Claims Rose Slightly Last Week, Layoffs Hit 16-Month High
  • U.K. Prime Minister Boris Johnson Resigns
  • Passive ETFs Are Surprisingly Active
  • Amazon Secures Stake in Grubhub, Gets into Food Delivery
  • Job Openings Fell in May as Demand for Workers Remains Strong

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – george.hatfield@ceo-na.com
    Advertising – media@ceo-na.com

     

    AUSTIN

    600, Congress Avenue 14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    387 Park Ave South,
    New York, NY.
    10016
    USA
    +1 212 796 64 15

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?