United States Retail Sales expanded by 0.9% MoM in May | Crypto Craft

  • United States Retail Sales expanded by 0.9% MoM in May

    From fxstreet.com

    Retail Sales in the United States increased to $763.7 billion in May, the US Census Bureau reported on Wednesday. This print followed the 0.5% expansion recorded in the previous month and came in above market expectation (+0.5%). On a yearly basis, Retail Sales were up 6.9% in this period. "Retail trade sales were up 1.0 percent (±0.4 percent) from April 2026, and up 7.5 percent (±0.5 percent) from last year. Nonstore retailers were up 12.2 percent (±1.8 percent) from last year, while food services and drinking places were up 2.7 percent (±1.8 percent) from May 2025," the press release read. What do US Retail ... (full story)

Added at 7:50am

  • Retail Sales up 0.9% in May as the weather improved and gasoline prices cooled

    From ca.finance.yahoo.com

    Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a better-than-expected 0.9%, up from a revised 0.4% gain in April, according to new Commerce Department data released Wednesday. Sales got a boost from generous government tax refunds in both April and May, though economists say that cushion is starting to fade. Excluding sales at gas stations, retail sales in May rose 0.7%. Sales at at clothing and accessories stores rose 0.3%, while business at home furnishing and furniture stores rose 1%. Business at electronics and appliance stores fell 0.5%. Online sales ... (full story)

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EventsTrader
9 hr ago
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This data has lost its luster. It's still important enough to look into though. Today's data gives hawkish-leaning Fed members support for staying put, since consumer demand still looks resilient. At the same time, the softer pockets help argue against rushing into a hike unless inflation pressures broaden further.

Notable:

Retail sales excluding gasoline rose 0.7% m/m, indicating spending strength extended beyond higher fuel prices.

Control group sales (ex auto, gas, building materials, food services) rose 0.5% m/m, signaling solid underlying consumption.

Nonstore retailers (+12.2% y/y) remained the strongest major category.


Restaurant spending fell 0.1% m/m after rising 0.9% in April, potentially signaling softer discretionary consumer demand.

Electronics & appliance stores declined 0.5% m/m, suggesting consumers remain cautious on big-ticket purchases.

Headline sales were partly boosted by gasoline prices (3.4% at gas stations), meaning some of the strength reflects higher prices rather than stronger real demand.
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vishesh22
9 hr ago
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Retail data came out strong, then why did DXY fall and why did gold and crypto go up?
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Mr.Broke
8 hr ago
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I think whale stpped in
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Trader#71AC
9 hr ago
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I'm sorry,
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