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

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

"It's more indication that our economy is growing," 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." 

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

How did you spend your money in the month of April? Are you seeing signs of economic growth in Loganville and Grayson? 

Some other highlights from the report by Reuters: 

• 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 Loganville now? Try the new TJ Maxx store - it is open. Looking for a new restaurant? Click here to check out businesses listed in the Loganville-Grayson Patch directory. You can review the business and let us know how you found the service.