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Retail sales fell 0.9% in May, the steepest decline in four months, as tariff concerns dampened auto purchases and cooler weather hurt sales.
Amid warnings of a grim second half of the year, US retail sales fell 0.9%. The worse-than-expected decline coincided with ...
The retail sales report comes as other evidence indicates shoppers have been pulling back more amid worries about higher prices from Trump’s tariffs.
WASHINGTON — Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports ...
An advance estimate suggests receipts for retailers plunged 1.1 per cent in May, the biggest decline in a year, Statistics ...
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