By Ethan Faverino |
Retail sales increased for the seventh consecutive month in April, highlighting the resilience of American consumers despite rising gas prices and elevated inflation.
According to the CNBC/NRF Retail Monitor, total retail sales excluding automobile dealers and gas stations increased 0.34% seasonally adjusted from March and rose 5.73% unadjusted from April of 2025. That follows gains of 0.4% month-over-month and 6.59% year-over-year in March.
“Retail sales continued to grow in April despite higher gas prices driven by the ongoing conflict in Iran, cautious consumer sentiment and the persistent concerns about sustained inflation,” stated NRF President and CEO Matthew Shay.
Core retail sales, which also exclude restaurants, posted a smilier 0.34% month-over-month gain and climbed 5.53% year-over-year. For the first four months of 2026, total sales were up 6.07% year-over-year, while core sales rose 5.99%.
Sales growth was broad-based, rising in eight of nine major categories on a yearly basis and in all but one category on a monthly basis. Clothing and accessories stores led the way with a 0.59% month-over-month increase and a strong 9.75% year-over-year gain.
Sporting goods, hobby, music and book stores advanced 0.12% month-over-month and 8.55% year-over-year, while health and personal care stores rose 0.45% and 8.42% respectively. Digital products, including electronic books and games, posted the strongest monthly gain at 1.11% and climbed 8.09% annually.
Other categories showing positive momentum included general merchandise stores (up 0.15% month-over-month and 6.19% year-over-year), electronics and appliance stores (up 0.16% and 4.03%), and grocery and beverage stores (up 0.36% and 3.21%).
Furniture and homes furnishings stores saw a slight 0.06% monthly decline but still posted a 2.58% annual increase. Building and garden supply stores edged up 0.009% for the month but were down 2.74% from the prior year.
“Spending on household priorities remains solid, supported by a steady labor market, wage growth and a significant influx of cash from tax refunds,” added Shay. “While consumers are mindful on costs, retailers are working hard to keep everyday goods affordable for American families.”
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
