A Silver Lining in Retail Sales Numbers That's Anything But Solid Recent retail sales numbers have been met with a collective shrug by economists and investors alike. A 0.
2% increase from May to June might seem underwhelming, especially when compared to the revised 1% growth in April to May sales that was hailed as a positive sign for second quarter GDP.
The decline in retail sales can be largely attributed to the sharp drop in gas station sales, which plummeted by 5. 3%.