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News Wire / economy

US Consumer Spending Slowed in April

WAMU 88.5 DC Washington DC 1h3m Impact 5
Consumer spending in the U.S. slowed in April as rising prices at stores and gas stations impacted purchasing power. Retail sales rose only half a percent during the month, a decrease from March's figures.

Topics

consumer spending inflation retail sales

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Sources · 7 independent

WAMU 88.5 DC

“Consumer spending in the U.S. slowed in April as the war with Iran pushed up prices at stores and gas stations. Retail sales rose a half percent during the month, in March they were up more than what?”

WBUR Boston

“Consumer spending in the US slowed in April as the war with the Iran pushed up prices at stores and gas stations.”

WTOP Washington DC

“US consumer spending slowed in April”

Radio Gaucha

“US consumer spending slowed in April”

C-SPAN Radio

“Prices rose .8% in April year over year. So as you're saying, it's all Americans who are bearing the brunt of the war”

KYW Newsradio 1060

“retail sales rose at a slower pace in April. This suggests that higher gas prices are forcing some shoppers to temper their spending.”

WWJ Detroit

“out from the Labor Department this morning. Initial claims rose by 12,000.”

KNX Los Angeles

“On Wall Street, stocks higher again today, even though retail sales slowed in April.”

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