U.S. retail sales jump 7.5% in June, but fresh coronavirus outbreak threatens to undercut recovery
July 16, 2020 at 08:48 AM EDT
Sales at U.S. retailers posted a big increase in June for the second month in a row, but a surge in coronavirus cases that’s led to more restrictions on business threatens to sap the momentum of the economic recovery. Retail sales climbed 7.5% last month.
