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US retail sales rise in broad advance despite higher petrol prices
Companies have also noted that consumer demand continues to hold up, signalling that shoppers are resilient. Read more at straitstimes.com. Read more at straitstimes.com.
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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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zerohedge.com
Despite Slumping Sentiment, US Retail Sales See Strongest Annual Rise Since Jan 2023
...and it's not because of gas prices.
