Retail and food sales drop in May
Retail and food services sales declined 0.2 percent from April to May, according to an advance report released this morning by the U.S. Census Bureau.
The advance report, a sampling from a full report to be released later, said sales in these areas were at $404.6 billion in May.
Although they dropped from April to May, sales were still 5.7 percent higher than May 2011.