Retail Sales Better Than Expected In June
News Retail Sales Better Than Expected In June The census bureau's advance retail sales report for june showed consumer spending was higher than expected last month, with headline sales rising 0.6%. core sales (ex autos) were up 0.5% in june. Key takeaway: consumer spending in june was stronger than expected, and importantly, bucks the two month trend of decreasing retail sales numbers.
107420757 1716912092115 Gettyimages 2078827670 Dsc04809 Rhhytkql Jpeg V Headline retail sales rose 0.6% in june, above economists' expectations for a 0.1% increase month on month. by comparison, sales decreased 0.9% in may, according to revised census bureau data. Retail sales rose 0.6% in june from may, the commerce department said thursday. that was better than the 0.2% increase economists polled by the wall street journal expected. Bottom line: the june retail sales report shows a generally resilient u.s. consumer that took advantage of the drop in gasoline prices to increase spending in other areas. Us retail sales were flat in june compared to the previous month, as consumer sentiment remained stronger than expected.
Retail Sales Flat In June Better Than Expected Seeking Alpha Bottom line: the june retail sales report shows a generally resilient u.s. consumer that took advantage of the drop in gasoline prices to increase spending in other areas. Us retail sales were flat in june compared to the previous month, as consumer sentiment remained stronger than expected. Retail sales rose 0.6% in june from the prior month, the commerce department said thursday, rebounding from the steep 0.9% decline in may. june’s number was much stronger than the 0.2% gain. American consumers defied expectations with retail sales growth in june, as shoppers adopt a ‘wait and see’ attitude toward economic uncertainty and looming tariffs. Retail sales rose a better than expected 0.6% in june, the commerce department said thursday, after two consecutive months of spending declines, a 0.1% pullback in april and a 0.9% slowdown in. Retail sales rose a better than expected 0.6% in june, the commerce department said thursday, after two consecutive months of spending declines, a 0.1% pullback in april and a 0.9% slowdown in may.
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