Updated: 15-May-25 10:05 ET
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Updated: 15-May-25 10:05 ET |
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Highlights
- Total retail sales increased 0.1% month-over-month in April (Briefing.com consensus 0.2%) following an upwardly revised 1.7% (from 1.4%) in March.
- Excluding autos, retail sales were also up 0.1% month-over-month (Briefing.com consensus 0.5%) following an upwardly revised 0.8% increase (from 0.5%) in March.
Key Factors
- Motor vehicles and parts dealers sales decreased 0.1% month-over-month following a 5.5% increase in March.
- Gasoline station sales fell 0.5% month-over-month following a 2.5% decline in March.
- Electronics and appliance store sales increased 0.3% month-over-month following a 1.5% increase in March.
- Food and beverage store sales were flat month-over-month after being unchanged in March.
- Building material and garden equipment and supplies dealers sales increased 0.8% month-over-month following a 2.9% increase in March.
- Clothing and clothing accessories store sales declined 0.4% month-over-month following a 1.1% increase in March.
- Furniture and home furnishing store sales rose 0.3% month-over-month following a 0.1% decline in March.
- Nonstore retailer sales jumped 0.2% month-over-month following a 0.1% increase in March.
- Food services and drinking places sales increased 1.2% month-over-month after increasing 3.0% in March.
Big Picture
- The key takeaway from the report is that the pace of spending on goods decelerated in April, speaking to the tariff frontrunning evident in the strong sales for March and reflecting the consumer's cautious mindset following "Liberation Day" and the stock market's volatility.
Category |
APR |
MAR |
FEB |
JAN |
DEC |
Retail Sales |
0.1% |
1.7% |
0.0% |
-0.9% |
0.8% |
Excluding Autos |
0.1% |
0.8% |
0.4% |
-0.3% |
0.7% |
Durable goods |
|
|
|
|
|
Building Materials |
0.8% |
2.9% |
-0.2% |
-1.8% |
-1.5% |
Autos/parts |
-0.1% |
5.5% |
-1.4% |
-3.3% |
1.0% |
Furniture |
0.3% |
-0.1% |
0.6% |
-1.4% |
2.6% |
Nondurable goods |
|
|
|
|
|
General Merchandise |
-0.2% |
0.5% |
-0.3% |
0.7% |
0.6% |
Food |
0.0% |
0.0% |
0.2% |
0.1% |
0.9% |
Gasoline stations |
-0.5% |
-2.5% |
-0.7% |
1.1% |
2.0% |
Clothing |
-0.4% |
1.1% |
-0.1% |
-0.5% |
1.1% |
e*retailing/non-store |
0.2% |
0.1% |
1.4% |
-1.0% |
1.0% |