SANTOSTILO U.S. RETAIL SALES AND UNEMPLOYMENT DATA BEAT EXPECTATIONS
Retail Sales Surge in June U.S. retail sales rebounded strongly in June, climbing 0.6% month-over-month, reversing a 0.9% drop in May. This exceeded economists’ forecasts of only 0.1%, indicating surprisingly robust consumer demand. Core retail sales (excluding autos, gas, building materials, and food services) rose 0.5%, up from May’s revised 0.2% gain . Broad-based gains … Read more