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US retail sales slipped 0.2% in April

By The Associated Press
Posted 8:44AM on Wednesday 15th May 2019 ( 1 week ago )

WASHINGTON (AP) — U.S. retail sales slipped last month, as Americans cut back their spending on clothes, appliances, and building materials.

The Commerce Department said Wednesday that sales dropped 0.2% in April, after a big 1.7% jump in March. Sales also fell in February after rising in January.

The figures suggest that despite steady hiring and decent wage gains, Americans remain cautious in their spending. Car sales fell 1.1% in April. Sales at electronics and appliances stores declined 1.3% and dropped 0.2% at clothing stores.

FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)

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