Spending at US retailers rose last month, in a sign that consumers are still fueling the economy. Retail sales at stores, online and in restaurants grew 0.3% in May from April, the Commerce Department reported on Thursday. That’s above economists’ expectations of a 0.1% decline, according to Refinitiv. Retail sales data is adjusted for seasonality but not for inflation. The report reflects resilient consumer spending despite rapid interest-rate hikes and lingering economic uncertainty. Spending grew across every category, except at gasoline stations and miscellaneous stores. Excluding sales at gasoline stations, ... (full story)