U.S. Retail Sales Declined in May as Inflation Stings Consumers - The Wall Street Journal

Americans’ spending at stores, online and in restaurants declined 0.3% in May as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates.

Americans retail spending declined in May, as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates that make car purchases more expensive. Retail salesa measure … [+224 chars]

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