US retail sales increase 7.5% in June June due to corona expansion is unclear July 17 9:21
June retail sales in the US improved by 7.5% over the previous month, improving for the second straight month. Although economic activity has resumed, it is unclear whether the recovery in consumption will continue, as regulations are tightening again due to the spread of the new coronavirus.
Last month, the U.S. Department of Commerce announced US retail sales of $524.3 billion, up 7.5% from the previous month, marking the worst drop, with April at the bottom for the second consecutive month. It has been improved.
Among these, sales of clothing and accessories doubled, sales of automobiles and related parts increased by 8.2%, while sales of online shopping decreased by 2.4%.
The improvement in consumption was the result of the easing of tighter restrictions on movement and the spread of economic activity in the United States. However, in the United States, the spread of the infection has become more serious since the end of last month, and some states have started to tighten regulations on economic activity again, and whether the recovery of consumption will continue in the future The situation is uncertain.
On the other hand, the number of applications for unemployment insurance in the last week announced on March 16 was 1.3 million, almost unchanged from the previous week, and the recent improvement trend has slowed down.