US retail sales rose in May despite slower hiring

U.S. shoppers increased their spending in May, a sign that consumers are undeterred by the recent slowdown in hiring.

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BING NEWS:
  • U.S. Data Says “Boom”: Part Base Effect, Part Transient, Part Real
    The much-anticipated economic boom has finally arrived! Retail Sales and Consumer Price Index were up! Nevertheless, there are very compelling reasons why unemployment will be the major economic issue ...
    04/17/2021 - 11:55 am | View Link
  • China growth momentum to stay despite disruptive base effect China growth momentum to stay despite disruptive base effect
    China's first-quarter GDP data, including some of the key economic data in March, confirmed that the recovery momentum has well stayed in the first quarter. Even with the facts that base effect ...
    04/16/2021 - 2:11 pm | View Link
  • Chinese Economy Grew More Than 18% in First Quarter
    China’s economy surged 18.3% in the first quarter from a year earlier, a record rate of growth that reflected the recovery from a deep coronavirus-induced trough in early 2020 and the continued ...
    04/16/2021 - 7:00 am | View Link
  • European stock markets notch new highs on global recovery hopes
    European stocks ended at a record high on Friday, marking its seventh straight week of gains, after strong US and China economic data spurred optimism about a speedy global recovery, while upbeat ...
    04/16/2021 - 6:51 am | View Link
  • China says its economy grew 18.3% in the first quarter, slightly missing expectations
    GDP to increase 19% from a year ago, when the economy shrank by 6.8% during the height of the domestic outbreak of Covid-19.
    04/15/2021 - 4:26 pm | View Link
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