Retail Sales Drop in May

U.S. retail sales declined 1.3% m/m in May coming in slightly below market expectations. Despite the weaker headline print, a number of categories experienced increases, particularly those associated with return to the office and going out.  KPMG Senior Economist Ken Kim offers three key takeaways.


To speak with Ken Kim please contact Matt Weiss.

Media contact

Matt Weiss

Matt Weiss

Director, Industry Communications, KPMG US

+1 201-307-8138

 

 

Kenneth Kim

Kenneth Kim

Senior Economist, KPMG US

+1 212-954-6144

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