US EditionUK Retailer Sales Rise as Heatwaves Help Drive Shoppers to High Street - Birmingham Live
UNITED STATES, JUL 14 – Consumer spending growth slowed due to tariff fears, inflation, and economic uncertainty, with 34% of shoppers delaying purchases, the National Retail Federation said.
- In June 2025, U.S. retail sales rose modestly by 0.05% from May and increased 1.46% year-over-year amid mixed sector performance.
- Uncertainty around trade policy, including tariff threats, led many consumers and retailers to postpone discretionary purchases and focus on essentials.
- Sales varied across sectors with health and personal care declining 0.21% monthly but up 5.78% annually, while furniture fell 1.12% month-over-month.
- NRF CEO Matthew Shay said June’s figures indicate that prolonged tariff and economic uncertainty could be pushing consumers toward a 'wait-and-see' approach.
- This modest growth suggests that ongoing economic pressures and trade tensions are slowing spending, with recovery depending on clearer trade policies.
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Better Month For Retail Sales But Consumers Still Cautious
Retail sales picked up last month as the hot weather boosted demand for fans and summer clothing, while part of the rise was attributed to higher food prices. The BRC-KPMG Retail Sales Monitor showed total spending rose 3.1% in June, (more…) The post Better Month For Retail Sales But Consumers Still Cautious appeared first on KamCity.
Coverage Details
Total News Sources13
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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