U.S. retail sales up 17.7% in a partial rebound from plunge

U.S. RETAIL sales partially recovered in May, rising 17.7% month to month, but were still behind May 2019 sales by 6.1%. / AP FILE PHOTO/MARY ALTAFFER
BALTIMORE (AP) – United States retail sales jumped 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months. The Commerce Department’s report Tuesday showed that retail sales have retraced some of the record-setting month-to-month plunges of March (8.3%)…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display