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May Retail Sales Drop More Than Expected, With 0.9% Decline
U.S. retail and food services sales declined 0.9% in May from April, the Census Bureau reported Tuesday. That’s a bigger ...
US Retail Sales Decline by the Most Since Start of the Year
US retail sales fell by the most since the start of the year in May, suggesting new tariffs deterred consumers from spending, ...
Retail Sales Likely Fell in May, Economists Forecast
Consumer spending likely dropped last month, economists forecast, weighed down by a pullback in car purchases. Retail sales ...
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May Retail Sales Grow 3.0 Percent Year-Over-Year; SG Sector Grows 1.8 Percent
The Atlanta Fed is currently forecasting GDP rebounding at a 3.8 percent annualized rate in the second quarter. The ...
May Retail Sales in Focus as Fed Balances Inflation Risk and Slowing Consumer Demand
U.S. retail sales report could sway Fed policy as weak consumer demand and tariff effects raise recession and stagflation ...
Retail Sales Fell More Than Expected in May
Consumer spending dropped more than forecast last month, after a surge earlier this year in car buying. Retail sales fell 0.9% in ...
Retail sales slip as U.S. consumers buy fewer cars
U.S. retail sales fell 0.9% in May — a larger decline than the 0.6% median forecast and larger than the 0.1% decline in April. Tariffs influenced consumers to buy less, but the primary driver of the ...