U.S. Retail And Food Services Sales Report for May 2020
The Commerce Department this morning released advance estimates of U.S. Retail and Food Services Sales for May 2020:
Predicted: +5.0%
Actual: +17.686% (+$72,969,000,000)
The yellow-highlighted percentage above represents the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods, and retailers that provide food and beverage services.
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Predicted: +5.0%
Actual: +17.686% (+$72,969,000,000)
The yellow-highlighted percentage above represents the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods, and retailers that provide food and beverage services.
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- Estimated Retail Sales During May 2020: $485,545,000,000
- Change From 12 Months Previous: -6.078% (-$31,420,000,000)
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Labels: Coronavirus, COVID-19, COVID19, food_services, hard_data, retail_sales
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