Retail Sales Come in Weaker Than Forecast in May

Retail sales rose by 0.1% in May, less than expected. Sales at online retailers ... Although they continue to express doubt about the economy in surveys, consumers have continued to spend ... Read More

Good news for the UK economy as retail sales rebound 2.9%

Broadly, markets were anticipating a reading of 1.8% for May – more than ... of strong clothing and other non-food sales.” The post Good news for the UK economy as retail sales rebound 2.9 ... Read More

Retail sales unchanged in June from May, underscoring shoppers’ resilience

NEW YORK — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy ... Read More

U.K. Retail Sales Rebound Weakly in May, Report Says

Total sales were 0.7% higher than in May last year ... with the next government to unlock economic potential," BRC Chief Executive Helen Dickinson said. "Retail really is the 'everywhere economy ... Read More

Retail sales rose less than expected in May

Retail sales rose just 0.1% in May from the prior month, the Commerce Department reported Tuesday. That’s better than April ... A slowing economy help builds a case for the Fed to begin ... Read More

US retail sales report showcases consumer, economic resilience

U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience that bolstered economic growth prospects for ... Read More

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

But he added, "So far, the economy could pull off a soft landing, especially if the Fed is quick ... in the monthly retail sales report, sales fell 0.4% in May. A strong job market and rising ... Read More

US Economy News Today: Newly Built Homes Sales Fell Short of Expectations

Today, mortgage applications fell and data is being released on trade, retail inventories, services and manufacturing. Read More

Recession rebound: Why the UK economy is growing more strongly than first thought and its future prospects

“Hotter-than-expected growth doesn’t help those ... This growth saw the UK economy rebound from a recession in the second half of 2023, after the ONS previously confirmed two consecutive ... Read More

Chile’s Economy Shrinks for a Third Month as Rebound Falters

Chile’s economy contracted for a third straight month in May as a rebound from last year’s ... Activity rose 1.1% from the year before, less than the 2.5% median estimate of analysts in ... Read More

Good news for the UK economy as retail sales rebound 2.9%

Today’s retail sales data, too, backed this up. Non-food stores sales volumes (including categories like department, clothing, household, and other non-food stores) rose by 3.5% in May 2024. “Within ... Read More