This document provides a summary of United States retail sales in May 2017 written by Paul Young, a CPA and expert in finance, risk management, and supply chain management. It outlines the key headlines and sectors related to retail sales, including sources showing growth at Amazon and Walmart's online sales while many retail stores are closing in 2017. The summary indicates that retail sales, which make up two-thirds of GDP, grew by 1.3% on average in the US, suggesting GDP may be slowing, and that Trump has not passed major economic reforms as planned, while e-commerce continues putting pressure on brick-and-mortar stores.

1. RETAIL SALES – UNITED
STATES – MAY 2017
PAUL YOUNG CPA, CGA
JUNE 16, 2017

2. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• Retail Sales / Summary
• Retail Sales / Key Sectors

4. KEY HEADLINES / USA RETAIL SALES

5. RETAIL SALES / SUMMARY
Source - https://www.census.gov/retail/marts/www/marts_current.pdf

6. RETAIL SALES / KEY SECTORS
Source - https://www.census.gov/retail/marts/www/marts_current.pdf

7. AMAZON AND WALMART
Source - https://www.nytimes.com/2017/05/18/business/walmart-online-sales-jump-63-percent.html?_r=0

8. USA RETAIL STORE CLOSURES
Source - http://clark.com/shopping-retail/major-retailers-closing-2017/

9. USA RETAIL SALES / SUMMARY
• Retail sales are 2/3 of GDP. The retail sales are averaging 1.3% growth which means GDP maybe slowing
down in the USA
• Trump was not able to get major reforms pass as part of Trump’s economic plan
• eCommerce continues to put pressure on brick and mortar stores.