Redbook: Retail Sales Rise 2.9% in Week

Retail sales increased 2.9% in the week ended June 1, after rising 2.7% the week before, according to the weekly retail sales report released by Johnson Redbook Tuesday.

Month-to-date, May was up 2.7% compared to May of last year (in-line with the target). Month-over-month showed a 0.6% gain (also in-line with the target).

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