U.S. Retail And Food Services Sales Report for May 2022
The Commerce Department this morning released advance estimates of U.S. Retail and Food Services Sales for May 2022:
Predicted: FLAT
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: FLAT
- Actual: -0.267% (-$1,800,000,000)
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 2022: $672,874,000,000
- Change From 12 Months Previous: +8.09% (+$50,351,000,000)
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Labels: Commerce, consumer_spending, consumers, Coronavirus, COVID-19, COVID19, food_services, hard_data, Pandemic, Retail, retail_sales, Shopping
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