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U.S. Retail Sales Unexpectedly Strong in May

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 12, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    U.S. retail sales rose for the third straight month, advancing by a strong +1.0% M/M in May, following the upwardly revised 0.4% M/M (previously reported as -0.2% M/M) increase in April. A major driver of this surge in spending may have been the fiscal stimulus cheques that are now arriving...

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