4 ETF Areas & Stocks to Win on June Retail Sales
AEOAmerican Eagle Outfitters(AEO) ZACKS·2024-07-17 21:00

Retail sales in the United States stalled in June from May 2024, following an upwardly revised 0.3% rise in the previous period. Economists had expected a 0.3% decline in spending, according to Bloomberg data. Meanwhile, retail sales in May were revised higher to an uptick of 0.3%, from a prior reading of 0.1%, according to Census Bureau data.Sales excluding food services, auto dealers, building materials stores and gasoline stations, which are used to calculate GDP, were up 0.9%, the largest increase since ...