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Benzinga
Benzinga
Business
Piero Cingari

US Shoppers Keep Spending, Sending A Loud Message To Powell And Trump

American shoppers

June retail sales smashed expectations, rising 0.6% month-over-month after two straight declines, signaling that U.S. consumers remain resilient despite elevated borrowing costs and tariff policy uncertainty.

The latest data from the U.S. Census Bureau showed retail and food services sales climbing to $720.1 billion in June, up 0.6% from May and 3.9% higher than a year ago.

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