U.S. retail sales rose 0.9% in May, nearly double the 0.5% consensus and up from April’s 0.4% gain, marking the fourth straight monthly increase in consumer spending. The report points to firmer consumer demand and a stronger-than-expected backdrop for the economy.
U.S. retail sales rose 0.9% in May, nearly double the 0.5% consensus and up from April’s 0.4% gain, marking the fourth straight monthly increase in consumer spending. The report points to firmer consumer demand and a stronger-than-expected backdrop for the economy.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
