US Retail Sales Growth Slows in May as Consumers Face Inflation and High Interest Rates, Global Goods Demand Weakens: Report
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#fed009b0 ver:0.69

US retail sales growth slows in May as consumers face inflation and high interest rates, raising concerns about economic growth. Gas station sales decline 2.2%, while specialty stores see strongest spending. Online sales rise 0.8%. The report suggests weakness in the US economy and potential for a recession. #RetailSales #Inflation #InterestRates #EconomicGrowth #Recession...

#newstr #UsRetailSales #ConsumerSpending #FederalReserve #InterestRates #Inflation #ManufacturingProduction #GlobalGoodsDemand #GlobalGrowthOutlook 

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