U.S. April Retail Sales Slow Following Stimulus Spending Wave

The video discusses the revision of March retail sales to a 10.7% gain and the lack of continued benefits from stimulus checks in April. It highlights the month-over-month percentage changes, noting that while sales may be elevated in dollar terms, significant changes are not evident. The performance of various sectors is analyzed, with motor vehicles up by 2.9% and furniture down, despite strong home sales. Electronics and parts saw a 1.2% increase, while building materials decreased. Food and drinking establishments showed a healthy 3% rise as states reopened, but online retail saw a decline. Overall, spending remained flat in April.

What was the revised percentage gain for March retail sales?

• 10.7%

• 8.5%

• 9.4%

• 12.3%

Which sector experienced a 2.9% increase in sales?

• Furniture

• Building Materials

• Motor Vehicles

• Electronics

What was the percentage change in electronics and parts sales?

• 1.2%

• 0.5%

• 2.0%

• 1.8%

How much did food and drinking establishments' sales increase as states reopened?

• 4%

• 3%

• 2%

• 5%

What trend was observed in non-store retailers, particularly internet shopping?

• No change

• Increase by 0.8%

• Decrease by 0.6%

• Increase by 1%