U.S. retail sales drop in May after a tariff-fueled surge

fastcompany.com/91353717/us-retail-sales-decline-may-economic-slowdown-tariffs-consumers

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 tariff-related price hikes ebbed, but consumer spending remains supported by solid wage growth for now.
The largest decline in sales in four months…

This story appeared on fastcompany.com, 2025-06-17 17:45:00.
The Entire Business World on a Single Page. Free to Use →