Another shopping surge?
Economists project that U.S. shoppers ramped up their spending at retailers in June for the second month in a row.
Retail sales plunged nationwide in March and April as shutdowns and stay-at-home orders due to the coronavirus took effect. But sales surged a record 17.7% in May as states began easing restrictions on businesses. The trend is expected to have helped lift retail sales last month by 5.2%. The Commerce Department issues its latest monthly tally of retail sales Thursday.
Retail sales seasonally adjusted percent change