Atlanta 5/14/2010 9:18:08 PM
News / Business

Commerce Department Reports Increase in Retail Sales for April

For the seventh straight month the U.S. Commerce Department has posted an increase to U.S. retail sales, noting a 0.4% rise in April following a 2.1% revised increase for March.

Once again the figures were anchored by strong motor vehicle sales which rose 0.5% in April following a March that produced a 6.7% increase. Outside the motor vehicles and parts sales retail numbers were still up 0.4%.

April’s figures give further optimism to a return to positive consumer spending with the Commerce Department reporting the first quarter the fastest growth in three years.

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