U.S. Retail Sales Jump a Record 17.7% in May

The video discusses the changes in retail sales from April to May, highlighting a rebound in May after a significant decline in April. It provides a detailed analysis of various retail categories, such as motor vehicles, furniture, and electronics, which saw substantial increases. The video also explores consumer behavior, noting that food and beverage sales were modest due to prior stockpiling, while clothing sales surged as the economy reopened.

What was the percentage increase in retail sales in May compared to April?

• 5.5%

• 12.4%

• 16.4%

• 17.7%

Which category saw a 44% increase in sales during the month?

• Furniture and home sales

• Motor vehicles and parts

• Electronics and appliance stores

• Clothing and accessories

What was the percentage increase in furniture and home sales?

• 188%

• 89.7%

• 50.5%

• 44%

How much did food and beverage store sales increase?

• 2%

• 12.4%

• 188%

• 1.3%

What was the percentage increase in clothing and accessories sales in May?

• 2%

• 50.5%

• 89.7%

• 188%