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United States Retail Sales expanded by 0.9% MoM in May

From fxstreet.com

Retail Sales in the United States increased to $763.7 billion in May, the US Census Bureau reported on Wednesday. This print followed the 0.5% expansion recorded in the previous month and came in above market expectation (+0.5%). On a yearly basis, Retail Sales were up 6.9% in this period. "Retail trade sales were up 1.0 percent (±0.4 percent) from April 2026, and up 7.5 percent (±0.5 percent) from last year. Nonstore retailers were up 12.2 percent (±1.8 percent) from last year, while food services and drinking places were up 2.7 percent (±1.8 percent) from May 2025," the press release read. What do US Retail ... (full story)

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Retail Sales up 0.9% in May as the weather improved and gasoline prices cooled

From ca.finance.yahoo.com

Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a better-than-expected 0.9%, up from a revised 0.4% gain in April, according to new Commerce Department data released Wednesday. Sales got a boost from generous government tax refunds in both April and May, though economists say that cushion is starting to fade. Excluding sales at gas stations, retail sales in May rose 0.7%. Sales at at clothing and accessories stores rose 0.3%, while business at home furnishing and furniture stores rose 1%. Business at electronics and appliance stores fell 0.5%. Online sales ... (full story)

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