"Despite numbers being largely flat from March, April’s sales were a positive sign for retail ... [+] recovery this spring and summer," says Deborah Weinswig of Coresight Research. AFP via Getty ImagesEstimates of U.S. retail sales for April were $619.9 billion, showing no major change from the previous month, according to monthly data released by the Census Bureau on Friday. Retail trade sales dipped .3% from March, but were up 46.1% from last year. In total, revised retail sales for March were $619.8 billion. And a refreshed wardrobe fits right into those trends.”April’s retail sales signify a steady return to normalcy, other analysts say.

Source: Forbes May 14, 2021 21:13 UTC