A surprising reduction in the U.S. retail market
U.S. retail sales unexpectedly showed a decrease of 1.2 percent in May, while the earlier data was revised from a 0.4 percent increase to 0.6 percent. Expectations were about a 0.2 percent increase.
Surprisingly, the car sales also fell by 1.7 percent, calculated on dollar value, so without the cars a similar 1.1 percent decrease was observed after the revised 0.6 percent monthly increase.
Decrease has not been recorded since September last year, but the weaker retail datas cause concern in relation of the booming economy – reports tozsdeforum.hu.

Related news
More related news >
Related news
New survey: consumers don’t want toxic chemicals
A new survey across five countries has revealed serious concerns…
Read more >Fresh milk sales have turned into losses – GVH graph highlights
A new and previously overlooked issue has come to light…
Read more >Corner stores are slowly disappearing: 22,000 stores have disappeared in four years
By the end of 2024, more than 5,200 retail stores…
Read more >