Thursday, June 3, 2010

May retail sales shows consumer concerns over the world economy

(Data from Thomson Reuters)

US retails sales rose at a slower pace than April by increasing 2.5 percent. This indicates that consumers still have concerns about the economic recovery. May is the worst month for consumers, companies and hedge funds for this year. We covered the perfomance of hedge funds in May just a few days ago. (Take a look at the hedge funds performance in May).

No comments:

Post a Comment