NRF: May Retails Sales Strengthen In Core Categories

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic started reopening, the National Retail Federation noted in a review of United States Census Bureau figures, but they remained well below spending levels seen in the month a year ago.

NRF: Retail Sales Drop During April

Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when most businesses were closed because of the coronavirus pandemic, the National Retail Federation said.

Census Bureau: Retail Sales Dip In May

According to the United States Census Bureau, advance estimates of U.S. retail and food services sales for May 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $473.81 billion, a decrease of 0.3% from April but up 3.8% from May 2016.

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