Retail Sales Improve In May

An attractive young lady out shopping.

salesRetail sales rebounded in May and showed that more Americans felt confident about spending in the economy after a month of weak sales in April.

The Commerce Department reported this morning that retail sales for May rose above estimates and increased 1.2 percent.

Economists from were expecting a 1.1 percent increase in May.

Retail sales excluding auto sales increased 1 percent in May.

Retail sales were revised up slightly in April to 0.2 percent from 0.00.

Retail sales rose 2.7 percent from May 2014.

Total sales for March 2015 through May 2015 were up 2.1 percent from the same period a year ago.

Written by: John Schweitzer

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