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US retail sales beat expectations in May as energy costs stay high
US retail sales surged past expectations in May, government data showed Wednesday, boosted by higher spending at gas stations as energy costs remained elevated amid fallout from the Middle East war.
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apnews.com
Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer
Shoppers stepped up their spending in May, surpassing economists’ expectations, as temperatures warmed and gasoline prices cooled.
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abcnews.com
Retail sales up 0.9% in May as the weather improved and gasoline prices cooled
Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled
