Weekly Economic and Financial Commentary: May Retail Sales Surge, but Other Data Disappoint

<p>U.S. Review May Retail Sales Surge, but Other Data Disappoint Retail sales kicked off the week with a bang, rising 17.7% month-over-month in May. The increase was larger than every single one of the 74 forecast submissions. The factory data were not as encouraging. Industrial production growth was just 1.4% in May, below the 3.0% […]</p>
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