❓WHAT HAPPENED: Retail sales in the U.S. rose by 0.6 percent in June, far above expectations, and broke a three-month decline.
👤WHO WAS INVOLVED: U.S. consumers, the Commerce Department, and President Donald J. Trump.
📍WHEN & WHERE: June 2025, across the United States.
💬KEY QUOTE: “June’s retail sales were resilient and they show that the consumer is still willing and able to spend.” – Neil Saunders, a retail expert at GlobalData.
🎯IMPACT: The data reflects consumer resilience, with gains across multiple retail sectors.
Americans continued to shop in June, with retail sales increasing by 0.6 percent, according to data released by the U.S. Commerce Department on Thursday. This marks a significant turnaround from May’s 0.9 percent decline and ends a three-month slide in retail sales.
The June figures surpassed economists’ expectations of a modest 0.2 percent rebound. Gains were seen across several sectors, including a 0.9 percent rise in clothing and accessory stores, a 0.6 percent increase in restaurant sales, and a 0.4 percent boost for online retailers. Even when excluding autos and parts, retail sales rose by 0.5 percent overall.
Neil Saunders, a retail expert at GlobalData, commented on the data, stating, “June’s retail sales were resilient and they show that the consumer is still willing and able to spend.”
The strength of consumer sales continues to undermine the claims of critics of President Donald J. Trump‘s tariffs that the trade duties would reignite inflation, resulting in higher prices and lower consumer demand.
Earlier this week, the Labor Department announced that consumer prices increased by 2.7 percent in June, coming in well below expectations and signaling that inflation continues to remain subdued. With the June retail data showing additional positive economic signals, the Trump White House is pressing forward with its campaign for the Federal Reserve to cut interest rates.
“‘Too Late:’ Great numbers just out. LOWER THE RATE!!! DJT,” Trump posted on Truth Social on Thursday, in reference to Federal Reserve Chairman Jerome Powell, dubbed ‘Too Late’ by the America First leader.
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