RTR: US retail sales rise in May; weekly jobless claims unchanged

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© Aleksandrsb

By LoadstarEditorial

15/06/2023

REUTERS reports:

U.S. retail sales unexpectedly rose in May as consumers bought motor vehicles and a range of other goods, which could help to support the economy this quarter.

Retail sales increased 0.3% last month after rising 0.4% in April, the Commerce Department said on Thursday. Economists polled by Reuters had forecast sales slipping 0.1%.

Retail sales are mostly ...

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