FYI: Retail sales for the month of May were released earlier this morning and at the headline level came in higher than expected for the second straight month, rising by 0.5% vs. consensus expectations for growth of 0.3%. Ex Autos and Ex Autos and Gas, the report was not as strong as the headline, but still managed to match expectations. On a two-month basis, now, retail sales have risen by 1.73%, which is the strongest two-month growth rate since April 2014
Regards,
Ted
https://www.bespokepremium.com/big-tips/b-i-g-tips-headline-beat-in-retail-sales/
