Americans picked up their spending at retail stores in April as inflation showed welcome signs of slowing down.&nbsp;

<a href="https://www.foxbusiness.com/category/retail" target="_blank">Retail sales</a>, a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, rose 0.4% in April, the Commerce Department said Tuesday. It marks the first increase in two months, although it is below the 0.8% increase projected by Refinitiv economists.

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The Commerce Department reported Tuesday that retail sales climbed 0.4% in April, the first increase since January as consumers picked up their spending.{ai:summary}Americans boosted retail spending in April, with a 0.4% increase in retail sales, which came as inflation began to moderate, according to the Commerce Department. This marks the first increase in two months, although below the expected 0.8% increase. #economy

Retail sales rise in April for first time in 2 months

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