US retail sales increased more than expected in May
US retail sales in the United States increased more than analysts’ expectations in May. The growth occured is the highest of the past 6 months.
The US Department of Commerce announced on Thursday that the seasonally adjusted and calendar effect adjusted retail sales amounted to 502 billion USD in May, which is an increase of 0.8 percent, compared to the previous month. (MTI)
Related news
In the United States, producer prices rose more than expected in June
The US producer price index rose more than analysts had…
Read more >Americans almost only buy bargain foods
For American consumers, the economic situation is increasingly challenging, especially…
Read more >In April, the personal consumption price index stagnated in the United States
In April, the personal consumption expenditures (PCE) price index excluding…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >