Retail Sales Fall 0.3% in May

Retail sales were down in May defying expectations of a positive number, according to the latest data from the Census Bureau…(Census Bureau)

  • M-O-M: Advance estimates of U.S. retail and food services sales were down 0.3% to $672.9 billion in May.
  • Y-O-Y: Despite the month drop, retail sales were up 8.1% when compared to the same time one year ago.

Story Developing…