Commerce reported that May retail sales—at $672.9 billion—were down 0.3% compared to April, while seeing an 8.1% annual gain. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to May retail sales being flat on a seasonally-adjusted basis compared to April and up 6.7% on an unadjusted basis annually.
source https://www.supplychain247.com/article/u.s._retail_sales_are_off_slightly_in_may
source https://www.supplychain247.com/article/u.s._retail_sales_are_off_slightly_in_may
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