News

Retail sales slide in April

Sales fall at appliance, building material and lawn and garden retailers.

BY HBSDealer Staff

U.S. retail and food services sales for April fell 0.2% to $513.4 billion from the previous month, the Commerce Department reported.

Sales last month were up 3.1% above April 2018, however. Revised March sales were at $514.3 billion, up 1.7%.

Retail trade sales fell 0.2% in April from March but were 2.8% above the same period last year.

April sales at building material and lawn and garden retailers fell nearly 2% to $32.6 billion from sales of roughly $33 billion in March 2019.

Sales at appliance and electronics stores dropped 1.3% to $7.95 billion in April from sales of $8.06 billion in the previous month.

The full report from the Commerce Department is available here.

 

 

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