Retail sales bounced back in April, showing both month-over-month and year-over-year growth while facing the challenges of bringing inflation under control, the National Retail Federation said today.
The National Retail Federation and more than 100 other associations submitted comments to U.S. Trade Representative outlining how the administration’s proposed tariffs would harm the U.S. economy.
As the “retail apocalypse” canard continues to grab the odd headline in the media, the data and the facts are consistently telling us quite a different story.
The most recent retail sales figures released by the Census Bureau were up a robust 4.2% year-on-year in July. Every month this year has seen a steady increase in sales over the same period last year.