Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.
July 14, 2017Government, Business
Second Straight Drop in Retail Sales Shows Tepid Spending
Business
Tepid Consumer Spending Keeps Economic Rebound On Track
The tepid pace of U.S. consumer spending in May was nevertheless enough to keep the economy on track for a rebound in the second quarter, helped by income gains.
June 30, 2017