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Wednesday, June 13, 2007

U.S. Retail & Food Services Sales Report for May, 2007

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for May, 2007:

Predicted: +0.6%
Actual: +1.4%

Minus Auto Sales
Predicted: +0.7%
Actual : +1.3%


The above percentages represent the month-to-month change in total sales receipts for retailers that sell durable & non-durable goods, and retailers that provide food & beverage services.

Change since last year: +5.0%.

The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Click here to view the full report.

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