U.S. .. retail sales unexpectedly dropped in April when purchases of motor vehicles dropped, government figures showed on Wednesday
Retail sales last month dropped by 0.2%, said the Department of Commerce. Reuters' economists predicted that retail sales would increase by 0.2% in April.
Retail sales in March increased by 1.6% from February in February, the strongest increase since September 2017.
March's profits rose sharply in March. sales period from December. This was seen as a sign that a healthy labor market probably caused consumers to hope to spend in a way that would increase overall economic growth.