Retail Sales up 0.9% in May as the weather improved and gasoline prices cooled
NEW YORK (AP) — Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a better-than-expected 0. 9%, up from a revised 0. 4% gain in April, according to new Commerce Department data released Wednesday. Sales got a boost from generous government tax refunds in both April and May, though economists say that cushion is starting to fade. Excluding sales at gas stations, retail sales in May rose 0. 7%. Sales at at clothing and accessories 0 0...
Read MoreWed, 17 Jun 2026
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