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Economics3h 30m ago

Retail sales climbed 0.9% last month, beating expectations and improving from a 0.4% increase in April.

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U.S.

Who
Americans, Heather Long
What
Retail sales climbed 0.9% last month, beating expectations and improving from a 0.4% increase in April.
When
Wed, 17 Jun 2026 17:09:32 GMT · 3h 30m ago
Where
U.S. ·
Why
Warmer weather and bigger tax refunds hit accounts, with gas station sales being a primary driver to the boost in spending.
The Frontline Impact

How this affects you

Despite inflation and higher gas prices, U.S. consumer spending increased in May, driven by gas station sales and tax refunds, but the increase partly reflects higher prices rather than more purchases.

Story chain

6 events in this thread
  1. Economics3h 30m ago
    Americans increased their spending in May and retail sales climbed 0.9% last month.
    Open article
  2. Economics3h 30m ago
    Retail sales climbed 0.9% in May, surpassing expectations, despite renewed pressure from inflation and higher gas prices.
    Open article
  3. Economics3h 30m ago
    Americans increased their spending in May, with retail sales climbing 0.9%, despite pressure from inflation and higher gas prices.
    Open article
  4. Economics3h 30m ago
    Americans increased their spending in May despite renewed pressure from inflation and higher gas prices.
    Open article
  5. Currently Reading3h 30m ago
    Retail sales climbed 0.9% last month, beating expectations and improving from a 0.4% increase in April.
  6. Economics4h 12m ago
    U.S. retail sales increased more than expected in May, with households boosting purchases of motor vehicles even as they paid more for gasoline.
    Open article

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