Americans spent more last month on clothing and dining out as the economy opened up amid fewer pandemic-related restrictions.
The Associated Press
Retail sales rose a seasonal adjusted 0.6% in June from the month before, the U.S. Commerce Department said Friday. The increase was a surprise to Wall Street analysts, who had expected sales to fall slightly last month. Last month's increase could be due to higher prices, said Paul Ashworth, chief U.S. economist for consulting firm Capital Economics., gas and other goods, with prices jumping last month by the most in 13 years.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US retail sales rose 0.6% in June, better than decline seenAmericans spent more last month on clothing, electronics and dining out as the economy opened up and there were fewer pandemic-related restrictions. U.S. retail sales rose a seasonal adjusted 0.6% in June from the month before, the U.S.
Read more »
Attempted crossings at southern U.S. border hit 21-year high in JuneThe numbers were the highest since March 2000, when more than 223,000 immigrants were stopped by the Border Patrol at the southern border.
Read more »
Trudeau: U.S.-Canada Border Will Open In August To Vaccinated AmericansFinally, the prime minister lays out a firmer plan with loose dates attached. As expected, vaxxed travelers will get fast-tracked.
Read more »
Trudeau: U.S.-Canada border could open to fully vaccinated Americans in AugustCanada could open its border to fully vaccinated Americans for nonessential travel as early as mid-August
Read more »
Big tabs at bars and restaurants drive U.S. retail sales higher in June as Americans get out and aboutSales at U.S. retailers rebounded in June in a good showing for the economy, as Americans flocked to bars and restaurants and bought more clothes and other...
Read more »
Black Lives Matter blames US, praises Cuban regime, social media eruptsBlack Lives Matter faced fierce criticism late Wednesday after its official Twitter account blasted the U.S. and praised Cuba's government while the island was destabilized by historic protests and a violent crackdown.
Read more »