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U.S. retail sales grew more than expected in June

U.S. retail sales rose 0.6% in June from May, the Commerce Department reported Friday morning, beating expectations of a 0.4% decline.

Why it matters: Retail’s overall recovery has been uneven, driven in part by stimulus checks, reopening patterns and seasonal demand changes.


  • The same can be said for the underlying sales categories, where clothing and personal care products experienced sales growth while furnishings and building materials sales growth declined.

What to watch: For many retailers, the second quarter might be the end of a one-year period of above average consumer spending, a recent report from FTI Consulting found.

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