US retail sales increase in April

  • US retail sales increased by 0.1 percent in April, according to figures released by the Commerce Department on Monday.

    In the previous month, retail sales dropped by 0.5 percent, the largest decline in nine months.

    Economists had expected a decrease of 0.3 percent for the month of April.

    Core sales, which exclude cars, petrol and building materials, were up by 0.5 percent.

    The rise follows the release of relatively strong jobs data in the past quarter.

    Consumer spending makes up two-thirds of US economic activity.

    Know some quick facts about the U.S., visit United States Fast Facts

    Tagged as: US retail, US retail sales, Business news US