Momentum of year-over-year U.S. retail sales minus motor vehicles, parts and gas switched from negative to positive from April to May on a seasonally adjusted basis, according to an advance estimate by the U.S. Census Bureau. Food-and-beverage stores continued the double-digit year-over-year sales growth spurt that began in March. Building materials and garden supply stores sales growth soared into double digits, as well, to become the fastest-growing category other than nonstore sales.
By Amanda Metcalf
Editor in Chief, SCT