Retail Sales Slipped in May
There were $473.8 billion in retail and food service sales in May, down 0.3% from the previous month and up 3.8% from May 2016, according to the U.S. Census Bureau. Core retail sales – excluding automobiles and parts – also fell 0.3%. Year-over-year core sales increased 3.8%. Retail trade sales decreased 0.3% from April and