U.S. Retail Sales Hit All-Time Low, Far Worse Than Projected
Video Credit: Cheddar Inc. - Duration: 00:16s - Published
U.S. Retail Sales Hit All-Time Low, Far Worse Than Projected
The coronavirus lockdowns have severely impacted the retail industry.
U.S. retail sales plunged 16.4 percent in April, making it the worst back-to-back declines in modern day history.
Sales fell in every category except online shopping, which saw an 8 percent jump.