June 14, 2017 / 3:47 PM / 2 months ago

Barclays keeps U.S. second-quarter GDP estimate at 2.0 percent

NEW YORK (Reuters) - Barclays economists on Wednesday kept their view of U.S. economic growth in the second quarter at 2.0 percent following the government's release of retail sales in May and business inventories in April earlier Wednesday.

The Commerce Department said retail sales fell 0.3 percent last month for its steepest decline in 16 months, while business inventories fell 0.2 percent in April.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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