Retail sales increase slightly in May

Kevin DrumJune 15, 2023 – 8:32 am1 Comment

Adjusted for inflation, retail sales increased at an annualized rate of 2.7% from April to May. However, this small increase did nothing to change the overall downward trend in retail sales over the past year:

1 thought on “Retail sales increase slightly in May”

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I started blogging in 2002 at my own site. In 2004 I got hired by the Washington Monthly and then moved to Mother Jones in 2008, where I blogged and wrote for the print magazine for 12 years. Finally, in 2021, I came full circle, leaving MoJo to once again blog at my own site.

Prior to blogging, I was vice president of marketing for Kofax Image Products, a software company in Irvine, California. I’m married, no kids, two cats. In 2014 I was diagnosed with multiple myeloma, a cancer of the bone marrow. It’s currently incurable, but modern treatments are pretty good and I remain alive and hopeful that a cure is on the way.