07/20/2026
Despite rising gas prices, ongoing inflation concerns, and global economic uncertainty, retail sales increased for the seventh consecutive month in April.
Some of the strongest-performing sectors included:
👕 Clothing & accessories
🏃 Sporting goods & hobbies
🩺 Health & personal care
💻 Digital products
The takeaway for business owners? Consumers are still spending but they're being more intentional with their purchases. Now is a great time to monitor your inventory, review your pricing strategy, and keep a close eye on cash flow so your business can adapt to changing market conditions.
Read more: https://www.knollcpa.com/resources/quick-reads/sales-grew-in-april-despite-high-gas-prices-and-sustained-inflation