U.S. retail sales rose by much more than expected in May, signaling stronger-than-forecast consumer spending. The report is a positive read-through for domestic demand and consumer-sensitive sectors, and may modestly influence expectations for broader economic growth.
U.S. retail sales rose by much more than expected in May, signaling stronger-than-forecast consumer spending. The report is a positive read-through for domestic demand and consumer-sensitive sectors, and may modestly influence expectations for broader economic growth.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.40
