Business US

U.S. retail sales rise again, but higher gas prices and inflation play a big role

Published: May 14, 2026 at 8:41 a.m. ET

Sales at retailers rose in April for the third month in a row in a seemingly good sign for the economy, but the increase was inflated by drivers spending more on gas due to higher prices.

Retail receipts a seasonally adjusted 0.5% last month, the government said Thursday. The increase matched the Wall Street estimate.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button