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US 'Green Shoots' Die As Retail Spend Contracts On Auto Sales Slump

• https://www.zerohedge.com

Following March's big surprise improvement, US retail sales growth was expected to slow in April but in fact it collapsed, falling 0.2% MoM in April after rising 1.7% in March

Retail Sales -0.2%, Exp. 0.2%, Last 1.7%

Retail Sales ex auto 0.1%, Exp. 0.7%, Last 1.3%

Year-over-year, both headline and core retail sales slowed in April...

Under the covers...

The weakness was dominated by a collapse in auto sales (and electronics and building materials also fell)...

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