Retail sales and food-services spending rose 1.0 percent in June following a 0.1 percent decline in May. From a year ago, retail sales are up 8.4 percent. Total nominal retail sales remain well above the pre-pandemic trend (see first chart).
Retail sales and food-services spending rose 1.0 percent in June following a 0.1 percent decline in May. From a year ago, retail sales are up 8.4 percent. Total nominal retail sales remain well above the pre-pandemic trend (see first chart).