BUSINESSWTOP DC
Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds
Retail sales rose 0.2% in June, driven by online sales and sporting goods, but overall spending slowed due to economic uncertainty and fading tax refunds. Inflation cooled as gas prices fell, but geopolitical tensions threaten recent progress.
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- Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds
- Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds
- Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds
- US retail sales rose 0.2% in June, up 6.7% from a year ago
- Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer