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Economy

“US retail sales up a record 17.7% in a partial rebound”

“U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding… The government’s report Tuesday showed that retail sales have retraced some of the record-setting month-to-month plunges of March (8.3%) and April (14.7%) as businesses have increasingly reopened. Still, the pandemic’s damage to retail sales remains severe, with purchases still down 6.1% from a year ago…”

https://apnews.com/93e8e62393993ae78cb0df88f95d3951

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