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		<title>US retail sales fall as Americans turn cautious after spending early to beat tariffs</title>
		<link>https://eznews.xyz/world-news/us-retail-sales-fall-as-americans-turn-cautious-after-spending-early-to-beat-tariffs/</link>
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		<pubDate>Tue, 17 Jun 2025 12:52:36 +0000</pubDate>
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					<description><![CDATA[WASHINGTON &#8212; Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in April. [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC "><span class="oyrPY qlwaB AGxeB  ">WASHINGTON &#8212; </span>Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://www.census.gov/retail/marts/www/marts_current.pdf">said Tuesday</a>, after a decline of 0.1% in April. The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump’s 25% duty on imported cars and car parts. Excluding autos, sales fell 0.3%. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The sales drop comes after sharp declines in <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/consumer-confidence-economy-spending-tariffs-cd4860a3aff316d90080f96e4487c3c5">consumer confidence this year</a>. Still, inflation has cooled steadily and unemployment remains low, which could fuel steady spending in the coming months, as the economy has remained mostly solid. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN ">Sales dropped 2.7% last month at home and garden centers, 0.6% at electronics and appliance stores, and 0.7% at grocery stores. There were some bright spots: Sales rose 0.9% at online retailers, 0.8% at clothing stores, and 1.2% at furniture stores. </p>
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<br /><a href="https://abcnews.go.com/Business/wireStory/us-retail-sales-fall-americans-turn-cautious-after-122924889">Source link </a></p>
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