Retail Sales Leap 1.3%, Biggest Gain In Year

by MR Magazine Staff

Sales at U.S. retailers jumped 1.3% in April to mark the biggest gain in a year, with auto dealers, gas stations and online vendors spearheading the charge. Economists surveyed by MarketWatch had forecast a 1% increase. The report from the Commerce Department showed that most retailers posted higher sales in April, a month that included five weekends instead of four as in the prior year. Read more at Market Watch.