Retail sales in the United States grew at a record rate in May
Retail and hospitality sales grew at a record rate in May in the United States after a sharp decline in the previous two months as another sign that the recession caused by the coronavirus pandemic has come to an end or is at least coming to an end.
The U.S. Department of Commerce announced on Tuesday that the seasonally and calendar-adjusted value of retail sales and hospitality was 485.5 billion USD in May, which is 72.9 billion USD, higher (17.7 percent), compared to the previous month. (MTI)
Related news
Consumption could recover in 2025
At the end of August the Equilibrium Institute published its…
Read more >
The share of EU retail spending continues to fall: report from GfK
According to the latest study by GfK, the proportion of…
Read more >
American retail sales expanded more significantly than expected in July
Retail sales in the United States expanded more significantly than…
Read more >
More related news >
Related news
On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection…
Read more >
Will plastic pollution triple? – the latest compilation of Körkörös.hu
Although plastic pollution is already one of the most pressing…
Read more >
The new GHG emission values of grain and oil crop cultivation were recognized
In 2023, the European Commission asked the member states to…
Read more >
