Retail sales in April grew a better-than-expected +0.3%:

+2.2% building mats, garden

+1.4% cars, parts

+0.4% restaurants, bars

+0.4% furniture

+0.3% sporting, hobby

+0.3% dept stores

+0.3% online

+0.2% electronics

+0.2% grocery

0.0% clothes

0.0% health, personal care

-2.6% gas stations census.gov/retail/marts/www/marts_curre…

Don’t underestimate the American consumer tker.co/p/consumer-spending-resilient-f…