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Has the American consumer finally chilled out? πŸ›’

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Has the American consumer finally chilled out? πŸ›’

Retail sales fall for the first time in five months πŸ“‰

Sam Ro, CFA
Jun 15, 2022
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Has the American consumer finally chilled out? πŸ›’

www.tker.co
(Source: @USCensusBureau)

Retail sales in May unexpectedly fell by 0.3% from a month ago, new data from the US Census Bureau revealed Wednesday. This was much weaker than the 0.1% gain economists expected. It was also the first decline since December.1

Motor vehicle and parts sales declined. Furniture and home furnishings sales declined. Electronics and ap…

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