Retail Spending Nosedives -16.4% in April

Key Highlights April’s drop of -16.4% in retail spending nearly doubles the drop of -8.3% in March, according to US Commerce Department National Retail Federation (NRF)) flagged continued slowdown in merchandise imports arriving at US ports April’s record drop of -16.4% in retail spending added to March’s drop of -8.3% in retail spending underline the […]

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