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Economics3h 25m ago

Retail sales climbed 0.9% in May, surpassing expectations, despite renewed pressure from inflation and higher gas prices.

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U.S.

Who
Americans, Heather Long
What
Retail sales climbed 0.9% in May, surpassing expectations, despite renewed pressure from inflation and higher gas prices.
When
Wed, 17 Jun 2026 17:09:32 GMT · 3h 25m ago
Where
U.S. ·
Why
The increase in spending was broad, with gains in clothing, accessory, and furniture stores, and gas station sales jumped 3.4%.
The Frontline Impact

How this affects you

U.S. consumers demonstrated resilience by increasing spending in May despite inflationary pressures and higher gas prices, with retail sales rising 0.9%; this indicates a shift in consumer priorities and a notable aspect for the U.S. economy, where consumer spending drives roughly two-thirds of economic activity.

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