1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

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

    Joined:
    Dec 24, 2007
    Messages:
    2,465
    Likes Received:
    0
    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...

    complete article here...
     
Loading...

Share This Page