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Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
However, the figures aren’t adjusted for inflation, and some goods already began to get more expensive because of tariffs ...
American consumers defied expectations with retail sales growth in June, as shoppers adopt a ‘wait-and-see’ attitude toward ...
Retail and food services sales were ahead of last year by 1.6%, showing that while many economic indicators suggest a slowdown in spending, consumers keep purchasing.
Retail sales rose 0.6% in June from May, the Commerce Department said Thursday. That was better than the 0.2% increase ...
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
May retail sales were still 28% higher than they were last year when many non-essential stores were closed. Strong year ahead Clothing stores were a bright spot last month.
The bureau had previously reported that retail sales rose 0.1% in April. Compared with a year ago, however, sales still rose 3.3% in May. Last month’s 0.9% decline was driven by a continued ...
Summary. Retail sales dropped by a sharp -0.9 percent for May, even worse than the market expectation of -0.6 percent. "Core" retail sales (removing autos, gasoline, and building materials) rose ...
US retail sales dropped more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel and engage in other activities that had been ...
Retail sales, a measure of how much consumers spent on a basket of goods ranging from cars to food and gasoline, fell 0.3% in May from the prior month, the Commerce Department said Wednesday.