AI Data Insight

According to DataTrack data, US retail sales totaled $763.705 billion on 2026-05-01 (Q2 2026), posting a robust 0.88% increase from the previous $757.036 billion and strongly beating market expectations. Supported by the stock market wealth effect and physical shopping demand for items like apparel, overall consumption successfully withstood the pressure from high oil prices, and is expected to lay a solid foundation for Q2 GDP expansion.

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