US Retail Sales Rise Amid Limited Consumer Tariff Hit So Far

Despite solid US retail sales in July, some analysts expect weakening later in the year as the labor market loses steam and additional tariff effects are felt (Credit: AFP)

US retail sales rose moderately in July, according to data released Friday, as markets monitor tariffs that do not so far appear to have significantly battered consumers.

Overall sales climbed 0.5 percent to $726.3 billion from June, in line with expectations. Gains in motor vehicles and parts and furniture offset declines in electronics and building materials.