News

May Retail Sales Drop More Than Expected, With 0.9% Decline
The bureau had previously reported that monthly retail sales rose 0.1% in April. Compared with a year ago, however, sales ...
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 ...
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, ...
Americans pare back retail spending amid market uncertainty
The drop in retail sales can largely be attributed to a decline in car sales, which if excluded from the calculation of ...
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 fell 0.9% in May, worse than expected as consumers pulled back
Consumers spending pulled back sharply, weighed by declining gas sales and a looming unease over where the economy is headed.