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What the stall in April retail sales says about the consumer: Wells Fargo
May 15, 2024 1:39 PM EDTWells Fargo's latest analysis of April retail sales revealed various insights into current consumer behavior. Despite concerns over the sustainability of consumer spending, the bank attributes the recent stall in retail sales more to one-off factors than a significant shift in consumer activity.
The report highlights that, while retail sales remained flat in... More
