US EditionUS retail sales beat expectations in June
UNITED STATES, JUL 17 – June retail sales rose 0.6%, reversing three months of declines as consumer spending remained strong amid tariff concerns and a resilient job market, Commerce Department reported.
- Thursday, the U.S. Commerce Department reported retail sales rose 0.6% in June, reversing a 0.9% decline in May.
- Earlier this year, consumers accelerated auto purchases to avoid a 25% duty, the economy had contracted 0.5% yet job growth held firm, and Coresight Research predicts back-to-school spending will rise 3.3% to $33.3 billion.
- Gains stretched as Amazon's four-day Prime event drove $24.1 billion in online spending, a 30.3% increase, reports Adobe Digital Insights.
- The Trump White House seized on the June rebound to renew its push for Fed rate cuts, undermining critics of President Donald J. Trump's tariffs.
- Earlier this week, the Labor Department said consumer prices rose 2.7% in June, market futures shifted lower at the front end, hinting at growing bets on Fed easing.
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Retail sales in US beat expectations with boost from autos
WASHINGTON, United States — US retail sales bounced back in June, exceeding analysts’ expectations Thursday on an uptick in auto sales, as consumer patterns fluctuated this year while households eyed President Donald Trump’s wide-ranging tariffs. Overall sales climbed 0.6 percent last month to $720.1 billion, reversing the 0.9 percent decline in May, data from the
U.S. retail sales beat expectations; labor market stable | Honolulu Star-Advertiser
WASHINGTON >> U.S. retail sales rebounded more than expected in June, suggesting the economy was regaining momentum and giving the Federal Reserve cover to delay cutting interest rates while it gauges the inflation fallout from import tariffs.
Trump Economy Enjoys Significant Retail Sales Surge.
PULSE POINTSWHAT HAPPENED: Retail sales in the U.S. rose by 0.6 percent in June, far above expectations, and broke a three-month decline.WHO WAS INVOLVED: U.S. consumers, the Commerce Department, and President Donald J. Trump.WHEN & WHERE: June 2025, across the United States.KEY QUOTE: “June’s retail sales were resilient and they show that the consumer is still willing and able to spend.” – Neil Saunders, a retail expert at GlobalData.IMPACT: Th…
US retail sales jumped more than expected in June
US retail sales rebounded in June, rising 0.6% after a 0.9% drop in May, according to Commerce Department data released Thursday.The data beat most economists’ forecasts, with broad-based gains last month, particularly at auto dealerships where sales climbed 1.2%.However, analysts cautioned that the figures aren’t adjusted for inflation, and some of the rebound may reflect rising prices rather than increased consumer demand. June’s inflation rep…
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