According to the Census Bureau’s Advance Retail Sales Report, consumer spending climbed for the fourth straight month in May. Headline sales rose 0.9%, almost double the projected 0.5% growth and marking an acceleration from April’s 0.4% rise. Key Takeaways Headline retail sales rose 0.9% in May to $763.7 billion, climbing 6.9% year-over-year. Core retail sales […]

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