Commerce reported that June retail sales—at $680.6 billion—rose 1.0% compared to May, while posting an 8.4% annual increase. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to June retail sales increasing 0.6% over May and up 5.8% on an unadjusted basis annually.
Source: logistics Mgmt