Retail sales were flat in April as stimulus spending wanes

U.S. RETAIL SALE remained flat in April, marking a slowdown from growth in March. / AP FILE PHOTO/WILFREDO LEE
NEW YORK (AP) – Retail sales in the United States were flat in April, after soaring in March, when many Americans received $1,400 stimulus checks that boosted spending. The report Friday from the U.S. Commerce Department was worse than the 0.8% growth Wall Street analysts had expected. Americans started receiving a third round of stimulus…

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