U.S. Retail Sales Drop 1.3% In May After 2 Months Of Gains

U.S. Retail Sales Drop 1.3% In May After 2 Months Of Gains

Newsy

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Watch VideoMajor stock indexes went down slightly after retail sales fell 1.3% last month, which is worse than what some analysts expected.

There were declines in furniture, electronics and cars, while restaurants and bars ended the month of May with gains.

This may suggest a preference for experiences over goods as...

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