U.S. May Retail Sales Surge 17.7% in the Biggest Monthly Jump Ever

Source: CNBC »

Retail sales shattered already-lofty expectations for May as consumers freed from the coronavirus-induced lockdowns began shopping again.

The 17.7% headline gain including food sales easily topped the record 6.7% from October 2001 — a month after the 9/11 terrorist attacks — and beat the 8% estimate from economists surveyed by Dow Jones…

Comments

  1. Donna Barreto says:

    Good news

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