June Retail Sales Rose 14.3% Year Over Year: The Investor Takeaway

·3 min read

Retail sales rose 14.3% in June on a year-over-year basis. Many anticipated that consumers would divert more of their funds to travel and experiences and spend less on retail purchases. Now to be fair, part of the reason why retail sales growth was so strong in June was due to inflation.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting