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May’s Retail Sales Data Suggests US Economy Still on Solid Footing

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

An 11.4 percent year-over-year growth in online and other non-store sales, combined with gains in most other retail sectors, helped give the May retail sales report a healthy boost, which in turn suggests a resilient consumer who is confident about the economy. The monthly retail sales report from the U.S. Census Bureau excludes sales from automobile…

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