NEW YORK -- Luxury, e-commerce and apparel enjoyed strong growth in April and the restaurant category surpassed last month’s gains, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales. Electronics and appliance sales registered declines.
“Overall, retail sectors were mixed this month,” said Michael McNamara, VP, research and analysis for MasterCard Advisors SpendingPulse. “Several sectors showed continued year-over-year growth, while others were flat or even negative.”