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US retail sales barely rose last month after consumers splurged in March to front-run tariffs
Sales at retail stores and restaurants rose just 0.1% in April from March, a sharp slowdown from a 1.7% gain in the previous month. The big increase from February to March was fueled by a surge in car sales that reflected an effort by consumers to get ahead of the new auto tariffs that went into effect this month.
Factory output dropped 0.4% last month after an upwardly revised 0.4% gain in March, the Federal Reserve said on Thursday.
The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, a much softer reading ...
Consumer prices climbed at the slowest pace since February 2021 last month, as the inflationary effects of President Donald ...
Inflation is getting closer to the Federal Reserve's 2% target.
Inflation was relatively mild in April, but economists said tariffs will end a recent lull and push up more prices in the ...
Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and ...
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler ...
Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and ...
The U.S. collected $7.6 billion more in customs duties in April than it did in March, the Treasury said Monday, as revenue ...
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