Skip to main content

May retail sales up says Commerce Dept.


WASHINGTON The U.S. Commerce Department reported that retail sales in the United States saw its largest gain in 16 months, rising 1.4% in May, beating economists' expectations, according to reports.

Clothing stores saw the highest sales gain in May with 2.7%. Building materials store sales followed with an increase of 2.1%.



Music, book and sporting goods stores also faired well with an increase of 1.8%. Department store and electronics and appliance stores both saw sales increase by 1.3% in May, while general merchandise store sales rose 1%.



Food stores saw the lowest gain, at just 0.3%.

“After a lackluster April, consumer spending rebounded nicely in May,” stated NRF chief economist Roz Wells. “With retail sales increasing, the economy is getting a much-needed boost.”

This ad will auto-close in 10 seconds