WASHINGTON — Retail sales in the U.S. climbed by a 7.5 percent in June as businesses resumed activity, according to data from the U.S. Commerce Department. The gains followed on an 18.2 percent upwardly revised leap in May, the largest since the government began collecting the data in 1992. It also exceeded estimates of a five percent increase from economists polled by Reuters. Ten out of 13 categories logged increases, including electronics and appliances, which surged by 37.4 percent, and furniture.
U.S. retail sales gain as stores reopen
Most Recent
Most Read
Walmart Canada names new CEO
Tue, January 21st, 2025
Canadian Tire announces CFO succession
Tue, January 21st, 2025
Save on last year’s Retail Report and Market Share Report
Tue, January 21st, 2025
Retailers moving production away from China
Mon, January 20th, 2025
Construction spending dips in November
Mon, January 20th, 2025
Looking for your next new hire? Hardlines Classifieds can help
Mon, January 20th, 2025
Richelieu reports Q4, annual results
Fri, January 17th, 2025
Tando Composites grows sales team
Fri, January 17th, 2025
Featured Classified: Castle
Fri, January 17th, 2025
Majority of small businesses have cut capital investments: CFIB
Thu, January 16th, 2025