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Economics2h 4m ago

Americans increased their spending in May and retail sales climbed 0.9% last month.

United States

Who
Americans, Heather Long, economists
What
Americans increased their spending in May and retail sales climbed 0.9% last month.
When
Wed, 17 Jun 2026 17:09:32 GMT · 2h 4m ago
Where
United States ·
Why
Consumer spending rose due to resilience from U.S. consumers, warmer weather, and bigger tax refunds hit accounts.
The Frontline Impact

How this affects you

The sustained spending by American consumers indicates economic resilience despite rising inflation and higher energy costs, impacting household budgets and influencing the Federal Reserve's interest rate decisions.

Story chain

6 events in this thread
  1. Currently Reading2h 4m ago
    Americans increased their spending in May and retail sales climbed 0.9% last month.
  2. Economics2h 4m ago
    Retail sales climbed 0.9% in May, surpassing expectations, despite renewed pressure from inflation and higher gas prices.
    Open article
  3. Economics2h 4m ago
    Americans increased their spending in May, with retail sales climbing 0.9%, despite pressure from inflation and higher gas prices.
    Open article
  4. Economics2h 4m ago
    Americans increased their spending in May despite renewed pressure from inflation and higher gas prices.
    Open article
  5. Economics2h 4m ago
    Retail sales climbed 0.9% last month, beating expectations and improving from a 0.4% increase in April.
    Open article
  6. Economics2h 46m 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

Verified Sources & Citations

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