Community Corner

Retail Sales Increase Indicates Economic Growth: Have You Seen Signs of an Improving Economy in Dacula?

Retail sales nationwide showed an unexpected increase in April, pointing to underlying strength in the economy, Reuters reports.

Retail sales in the U.S. unexpectedly rose in April, ReutersΒ reports, and this indicates an underlying strength in the economy.Β 

"It's more indication that our economy is growing,"Β Tom Hall, an economics professor at Miami University's Farmer School of Business in Oxford, Ohio, is quoted as saying. "It's not growing as rapidly as a lot of people would like, but things are improving."Β 

According to the report,Β consumers bought automobiles, building materials and a range of other goods, and spentΒ more money at restaurants and bars.

Find out what's happening in Daculafor free with the latest updates from Patch.

How did you spend your money in the month of April? Are you seeing signs of economic growth inΒ Dacula? Tell us in the comments.Β 

Some other highlights from the report by Reuters:Β 

  • Clothing stores recorded their biggest increase in sales since February 2012
  • Furniture store sales were flat
  • Grocery stores' sales fell in April

Want to shop for clothes in Dacula? Try theΒ Kohl'sΒ store. Looking for a new restaurant? Click here to check out businesses listed in the Barrow Patch directory.

Find out what's happening in Daculafor free with the latest updates from Patch.

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