WORLD US retail sales plunge 16.4% in April amid virus closures

WORLD

US retail sales plunge 16.4% in April amid virus closures

AFP

21:17, May 15, 2020

US retail sales plunged by 16.4 percent in April as the coronavirus pandemic forced businesses shut across the world's largest economy, the Commerce Department said on Friday.

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File photo by AFP

The drop was much worse than expected and saw massive contractions in an array of retailers, including clothing, furniture, electronics and appliances and food and drinking places, all of which posted double-digit declines.

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