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submitted 6 days ago by [email protected] to c/[email protected]

Americans are feeling a hangover from their tariff-fueled buying frenzy early in the spring.

Retail sales fell by 0.9% in May from the prior month, the Commerce Department said Tuesday, down sharply from April’s downwardly revised 0.1% decline. That was the steepest monthly decline since January and worse than the 0.7% decrease economists projected in a poll by data firm FactSet.

The figures are adjusted for seasonal swings but not inflation.

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[-] [email protected] 4 points 6 days ago

I'd always expect a decline after December because of Christmas

[-] [email protected] 6 points 6 days ago

According to the article the numbers are season adjusted.

this post was submitted on 17 Jun 2025
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Economics

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