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U.S. Retail Sales Unexpectedly Increase In May Amid Jump In Auto Sales

Por: RTTNews Business June 15, 2023

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The Commerce Department released a report on Thursday showing an unexpected increase in U.S. retail sales in the month of May.The report said retail sales rose by 0.3 percent in May after climbing by 0.4 percent in April. The continued advance surprised economists, who had expected retail sales to edge down by 0.1 percent.The unexpected increase in retail sales was partly due to a jump in sales by motor vehicles and parts dealers, which shot up... + full article



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