Retail sales were unchanged in April from March as inflation and interest rates curb spending

NEW YORK — Retail sales in April were unchanged from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome.

The data offers only a partial look at consumer spending because it excludes things like travel and lodging. However at restaurants, the lone service category tracked in the monthly retail sales report, sales rose 0.2% from March.Should You Buy This 7% Dividend Stock While it’s Below $6?

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