Strong Economy Pushes Retail Sales to 6-Month High

Retail sales totaled $501.97 billion in May, a 0.8% increase over the prior month, according to the U.S. Census Bureau. The performance bested last May by 5.9%. The increase marks the largest gain in the last six months. It also beat economists’ estimates of a 0.4% improvement, according to Reuters. The increase bodes well for…