U.S. Shoppers Are Still Spending. The Next Retail-Sales Report Will Show Whether That Holds
June retail sales rose modestly, but gas prices, inflation and online promotions complicate the picture. July data arrive after the August 12 CPI report.
Retail Sales
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Retail sales rose in May, but June sentiment shows consumers are still cautious
United States Small Business and Main Street Economy – May retail sales climbed, and June sentiment improved, but shoppers are still watching prices and gas costs.
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U.S. inflation climbed in April as retail sales kept rising
April inflation sped up to 3.8% while retail sales rose 0.5%, leaving households with higher costs even as consumer spending stayed resilient.
