The US retail sales data released on Tuesday showed slower growth than expected at 0.1% in May, lower than the 0.3% economists were forecasting. The US Commerce Department revised its retail data for April, now revealing that sales fell by 0.2% that month.
Yahoo Finance’s Seana Smith and Brad Smith break down the details of this retail sales report, providing insights on what it means about the state of the American consumer.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
#retail #retailsales #yahoofinance
