GDP’s winning streak ended as 2025 began, but the labor market remained resilient in April. Here are the five things we learned from U.S. economic data released during the week ending May 2.
In Reverse: April 28 – May 2
Retail Sales Jumped in March: April 14 – 18
Consumers rushed to stores and car dealers before tariffs made their presence felt.
Consumers’ Bad Mood: April 7 – 11
Consumers were starkly more pessimistic in April.
What We Learned About the U.S. Economy Last Week 