U.S. retail sales top forecasts, bolstering economic pickup

UNITED STATES retail sales increased 0.8 percent from the prior month. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE
UNITED STATES retail sales increased 0.8 percent from the prior month in April. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE
NEW YORK – United States retail sales rose in May by the most in six months, exceeding forecasts and bolstering expectations for an acceleration in economic growth this quarter. The value of overall sales advanced 0.8 percent from the prior month, double the median estimate of economists and following an upwardly revised 0.4 percent gain in…
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