Retail Sales Are Bouncing Back Post Quarantine


May retail sales have surged 17.7% in the biggest monthly jump ever.

Retail sales shattered expectations as consumers began shopping again.

Food sales topped the record 6.7% from October 2001. Retail sales alone powered 16.8% higher from a month earlier and clothing and accessories stores reported the biggest percentage gain at 188% while sporting goods, hobby, musical instruments and book stores rose 88.2%.

On Wall Street the Dow rose more than 900 points and stocks were up more than 500 points.

Photos by Getty Images


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