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U.S. retail sales rose 0.3% in May

By The Associated Press

This article was published June 12, 2014 at 11:04 a.m.

WASHINGTON — U.S. retail sales rose 0.3 percent in May, helped by a jump in demand for autos, the Commerce Department said Thursday.

The result follows a 0.5 percent climb in April, which was revised up from an initial estimate of 0.1 percent. March sales surged 1.5 percent — the biggest one-month gain in four years.

Retail sales had fallen sharply in January as winter storms cut into shopping and various other types of economic activity.

Read tomorrow's Arkansas Democrat-Gazette for full details.


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