TeleTrade - Analytics

    TeleTrade

    726.50 6.50/10
    57% of positive reviews
    Real

    14.06.2016 12:44 U.S. retail sales climb 0.5% in May

    14.06.2016 12:44

    U.S. retail sales climb 0.5% in May

    The U.S. Commerce Department released the retail sales data on Tuesday. The U.S. retail sales climbed 0.5% in May, exceeding expectations for a 0.3% rise, after a 1.3% fall in April.

    The increase was mainly driven by a rise in sales at service stations.

    Sales at clothing retailers were up 0.8% in May, sales at building material and garden equipment stores decreased 1.8%, while sales at auto dealerships rose 0.5%.

    Retail sales excluding automobiles rose 0.4% in May, in line with expectations, after a 0.8% gain in April.

    Sales at service stations climbed 2.1% in May, while sales at furniture stores fell 0.1%.


    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