Retail Sales in the U.S. Increased in May and April Revised Higher

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Despite the capital markets getting racked by trade wars in May, retail sales grew 0.5 percent and data was revised higher in April to 0.3 percent, according to the Commerce Department. Economists polled by data company Reuters were forecasting a 0.6% in May, but compared to the previous time last year, retail sales actually increased [...]

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