Retail Sales Grew More Than Expected In June

U.S. retail sales rose 0.6% in June from May, the Commerce Department reported Friday morning, beating expectations of a 0.4% decline. Why it matters: Retail’s overall recovery has been uneven, driven in part by stimulus checks, reopening patterns, and seasonal demand changes. The same can be said for the underlying sales categories, where clothing and personal care products continued to experience sales growth, while furnishings and building materials continued to trend down. Read more at Axios.