Retail Sales Lower Than Expected in May
June 18, 2024 at 09:59 AM EDT
The Census Bureau’s Advance Retail Sales Report for May revealed headline sales rose 0.1% in May. The latest reading was below the expected 0.3% monthly rise in consumer spending. For an inflation-adjusted perspective on retail sales, take a look at our Real Retail Sales commentary. Here is the introduction from today’s report: Advance estimates of U.S. retail and [...] The post Retail Sales Lower Than Expected in May appeared first on ETF Trends .
