WASHINGTON (AP) - The government says retail sales posted the biggest increase in six months in May. The increase came as economic stimulus payments helped offset strong headwinds, including rising gasoline prices.
The Commerce Department reports retail sales jumped 1 percent last month. Department stores and other general merchandise stores had the best showing in a year.
The May increase was double what economists expected, indicating that the economy is getting a major boost from the 50 million dollars in economic stimulus payments the government sent out in May.