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Retail Sales Didn't Fall but Didn't Rise: Are They Just Right?

After a March surge fueled by vaccinations and pandemic relief payments, April retail sales were flat, the U.S. Census Bureau reported Friday. Since consumer sales are such a huge part of the economy -- 70% is a common figure given here -- and retail sales are a big chunk of that, last week's retail sales report did spark some discussion about the trajectory of the pandemic recovery.