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But online sales jumped 0.9%, while those at clothing retailers increased 0.8%. Furniture store sales soared 1.2%. Sporting goods, hobby, musical instrument and book store sales advanced 1.3%.
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
Retail spending was down across most categories last month, especially at car dealerships. Car and auto parts sales declined 3.5% in May, the biggest monthly decline since June 2024.
However, the figures aren’t adjusted for inflation, and some goods already began to get more expensive because of tariffs last month. After factoring in June’s 0.3% increase in consumer prices, retail ...