Record Gain in U.S. Retail Sales Offers Hope of Faster Recovery


dollar up recovery worthy christian news(Worthy News) – American consumers are getting their groove back as a record surge in May retail sales offered some hope of a quicker recovery from the pandemic-induced recession.

The 17.7% advance from the prior month, to $485 billion in receipts, was the biggest gain in data going back to 1992, following unprecedented declines in the prior two months, according to Commerce Department data out Tuesday.

Stocks jumped as the May advance was more than double the median projection, though optimism was tempered by tepid figures on industrial production along with fresh concern about an acceleration in Covid-19 cases. [ Source: Bloomberg (Read More…) ]

18
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

U.S. Intelligence Warns Putin Could Test NATO With Limited Military Incursion
Turkey, Saudi Arabia, Pakistan to Sign Joint Defense Agreement Friday
Britain Vows Tougher Crackdown On Illegal Migration As Reform UK Unveils Channel Plan
Iraq Court Backs Christian Woman In Landmark Religious Freedom Case
Senators Hold Fauci In Contempt, Advance To U.S. Attorney
Trump Signs New Executive Orders Targeting Birth Tourism After Supreme Court Citizenship Ruling
Trump DOJ Sues Maryland County Over Gun Restrictions Near Churches
Iran Intensifies Executions in Bid to Prevent Another Uprising
Mossad Chief Reportedly Removes Senior Iran Officials After Regime-Change Plan Falters
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Books by George Whitten

Identity in Messiah Revealed cover

Identity in Messiah Revealed https://identityinmessiah.com

Identity in Messiah is a 60-day devotional journey designed to help you exchange the world’s labels for Heaven’s declaration. Each devotional combines rich Biblical teaching, Hebraic insights, practical application, and carefully selected Scripture passages to lead you into a deeper understanding of your position in Messiah.

Get it on Amazon
The Biblical Fall Feasts cover

The Biblical Fall Feasts https://biblicalfallfeasts.com

In The Biblical Fall Feasts Revealed, George Whitten leads readers on a stirring devotional journey along the Hebrew month of Elul, the Feast of Trumpets (Yom Teruah), the Days of Awe (Yamim Nora'im), the Day of Atonement (Yom Kippur), the Feast of Tabernacles (Sukkot), and the Eighth Day (Shemini Atzeret). With Scripture as the foundation, each chapter uncovers the prophetic beauty threaded into God’s calendar and shows how these sacred seasons still speak with urgency and hope today.

Get it on Amazon
Worthy Christian News