Retail sales in US steady but inflation threat grows

Weak U.S. retail sales, manufacturing output point to softening economy

WASHINGTON, D.C. June 19, 2025 — 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 reported by the Commerce Department on Tuesday added to moderate job growth last month in suggesting that domestic demand was softenin…

Retail sales in US steady but inflation threat grows

The latest figures point to steady consumer activity in the face of mixed economic signals, including ongoing trade tensions and the return of tariffs.The post Retail sales in US steady but inflation threat grows appeared first on Retail Insight Network.