The Big Four Recession Indicators: Real Retail Sales Fall 0.2% in April

Published on May 15, 2025

Nominal retail sales in April were up 0.06% month-over-month (MoM) and up 5.16% year-over-year (YoY). However, after adjusting for inflation, real retail sales were down 0.16% MoM and up 2.76% YoY.