Data released today by the U.S. Census Bureau showed retail sales growth in May despite a downturn in overall sales amid fluctuating tariffs on imported merchandise, according to the National Retail Federation (NRF). May retail sales in the building and …
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Retail Sales Continue to Grow in May
Retail sales in May continued to grow despite a slowdown on stocking up ahead of tariffs, according to the CNBC/National Retail Federation’s (NRF) Retail Monitor. “The data for May indicates that the pull-forward in consumer demand ahead of tariffs is …
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