U.S. retail sales fall sharply in May as rush to beat tariff price hikes slows

theglobeandmail.com/business/article-us-retail-sales-may-tariffs-consumer-spending

U.S. retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariffs-related price hikes ebbed, but consumer spending remained supported by solid wage growth.
Retail sales fell 0.9 per cent last month after a…

This story appeared on theglobeandmail.com, 2025-06-17 13:15:27.
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