Retail sales slip 3.2% in April:
Retail sales volume fell 3.2 per cent in April, the first decline in six months, the Department of Statistics reported ...
royalgazette.com/economy/business/article/20260928/retail-sales-slip-3-2-in-april/
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Key FactsUS Retail Sales Decline Amid Economic Uncertainty
Jun 17, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- US retail sales decreased by 0.9% in May, marking the second consecutive monthly decline.
- The drop was largely due to reduced motor vehicle purchases after the rush to avoid tariff-driven price hikes subsided.
- Manufacturing output outside of vehicle assembly declined, though core retail sales rose by 0.4%.
- Economic uncertainty from shifting trade policies is restraining business investments and softening demand.
The outlook for consumer spending is cloudy.— Bill Adams, chief economist at Comerica Bank, comments on the challenges facing consumer behavior.
Statistics Canada reports April retail sales up 0.3 per cent at $70.1 billion: Statistics Canada says retail sales rose 0.3 per cent to $70.1 billion in April ...
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