WASHINGTON — Retail sales, excluding autos, rose slightly in May, although consumer-spending momentum appeared to be slowing, according to an analysis of figures released Tuesday.
Retail sales excluding autos were up 0.3% during the month, compared with the preceding month’s results, according to a Commerce Department report. Including autos, sales fell a seasonally adjusted 0.2% over April and rose 7.8% unadjusted, year over year.
“Retailers are not surprised to see the momentum in ...
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