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Here come retail sales...

Aug 25, 2024, 19:56 IST
Thomson ReutersCustomer pushes his shopping cart during the Black Friday sales event on Thanksgiving Day at Target in ChicagoThe latest read on US retail sales will be out at 8:30 a.m. ET.

Economists forecast that retail sales rose by 0.6% month-over-month in April.

Excluding gas and auto sales, retail sales are expected to have risen by 0.4%, according to Bloomberg.

Last month, sales fell by 0.2%, led by a decline in the auto industry, according to the Commerce Department.

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That data followed the Big Three automakers reporting worse-than-expected sales in March, further suggesting the market may have plateaued.

Refresh this page for updates at 8:30 a.m. ET.

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