May Retail Sales Decreased More Than 10%

Published June 11, 2009, 1:00 a.m. EDT

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Updated June 11, 2009, 12:00 a.m. EDT

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Estimated retail sales for May decreased 10.7%, to $301.7 billion from $338 billion during the same month last year, the U.S. Census Bureau announced today. Retail sales for May increased 0.53% from $300.1 billion during the previous month, according to the Census Bureau's Advance Monthly Retail and Food Services Survey, which provides an early estimate of monthly sales for U.S. retail and food-service firms. Each month, the bureau mails questionnaires to approximately 5,000 companies.

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