Retail sales, factory data show growing pains for US recovery
USA finance

Retail sales, factory data show growing pains for US recovery

An onslaught of economic reports on Tuesday added to evidence of a U.S. recovery in full swing, yet one experiencing growing pains. While retail sales in May fell more than forecast, Americans may simply be shifting more of their spending to services such as travel and entertainment. The government’s report also showed merchant receipts were stronger […]