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12th Jun 2015 06:37U.S., Economic Monitor

Consumers' spending in the second quarter is still set to be less than great, thanks in part to unfavorable base effects from the first quarter, but a respectable showing of about 2¾% now seems likely. The core May retail sales numbers were a bit stronger than we expected, with gains in most sectors, and the upward revisions to April and March were substantial.

retail sales weather inventory ppi winter consumption prices oil capex

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Keywords for: 12 June. 2015 Consumption Back on Track as the Winter Weather Hit Reverses

retail sales, weather, inventory, ppi, winter, consumption, prices, oil, capex,