The U.S. retail sales increased 0.2% in June, falling short of economists' expectations and slowing from May's revised 1% gain, reported by CNN, citing Commerce Department data.
The report said online retailers and automobile dealerships recorded the biggest gains, with both categories rising 1.9%. Gas station sales fell 5.3%, while spending at health and personal care stores declined 0.8%. Restaurant and bar sales increased just 0.1%, despite higher tourist activity.
CNN reported that consumer spending remains resilient despite elevated inflation, supported by a solid labor market, although lower-income households continue to face greater financial pressure from rising prices and debt.
Related Tweet:
Spending at US retailers last month was weaker than expected, despite the World Cup drawing tourists from around the world and online sales events. https://t.co/n3lCTVNR8R pic.twitter.com/SKjJI1LgbH
— CNN (@CNN) July 16, 2026
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