Tuesday, June 14, 2011

Retail Sales Fell by 0.2% in May

The U.S. Census Bureau announced that U.S. retail and food services sales for May fell by 0.2% to $387.1 billion from April’s level; however, it was up 7.7% from May 2010.

The Census Bureau revised down the monthly change in retail and food service sales between March and April from 0.5% to 0.3%.

Gasoline stations sales were up 22.3% from May 2010 and nonstore retailers sales were up 15.9% from last year.

Read the report.

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