TeleTrade - Analytics

    TeleTrade

    873.00 6.50/10
    64% of positive reviews
    Real

    14.07.2015 13:14 U.S. retail sales decline 0.3% in June

    The U.S. Commerce Department released the retail sales data on Tuesday. The U.S. retail sales unexpectedly fell 0.3% in June, missing expectations for a 0.3% increase, after a 1.0% gain in May. May's figure was revised down from a 1.2% rise.

     

     

    The decline was partly driven by lower automobiles and clothing stores purchases. Automobiles sales fell 1.1% in June, while sales at clothing retailers slid 1.5%, the largest fall since September 2014.

     

     

    Retail sales excluding automobiles decreased 0.1% in June, missing forecasts for a 0.5% rise, after a 0.8% gain in May. May's figure was revised down from a 1.0% increase.

     

     

    Sales at building material and garden equipment stores were down 1.3% in June and sales at furniture stores decreased 1.6%.

     

     

    Sales at electronics and appliance outlets were up 0.1% in June, whiles sales at service stations gained 0.8%.

     

     

    These figures indicate that U.S. economy slowed down.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree