Cart

0

Business, Economy

“U.S. retail sales pop more-than-expected in June”

“U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment.

The Commerce Department said on Thursday retail sales rose 7.5% last month. That was on top of the 18.2% jump in May, which was the biggest gain since the government started tracking the series in 1992. Economists polled by Reuters had forecast retail sales advancing 5% in June…”

https://www.cnbc.com/2020/07/16/retail-sales-june-2020.html

Leave a Reply