Alva Review-Courier -

By CHRISTOPHER RUGABER
AP Economics Writer 

US retail sales up solid 0.3 pct. in April in hopeful sign

 


WASHINGTON (AP) — U.S. retail sales rose at a solid pace in April, a sign that consumers may be rebounding from weak spending earlier this year and driving stronger economic growth.

Retail sales increased at a 0.3 percent rate in April, the Commerce Department said Tuesday, down from a 0.8 percent gain in March, which was revised higher from 0.6 percent. The spending gains were spread across most retail categories, with especially big gains at furniture and clothing stores.

Consumer spending has rebounded in the past two months after a weak January and February, a trend that could acceler...



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