US retail sales slip more than expected after rush to beat tariffs ...Middle East

Last month, overall sales fell by 0.9 percent from April to $715.4 billion, according to data released by the Department of Commerce.

From a year ago, retail sales were up 3.3 percent, still a slowdown from the 5.0 percent rate in April.

Trump also separately slapped tariffs on imports of steel, aluminum and automobiles, fueling concern that this would push inflation up in the coming months.

Sales at motor vehicle and parts dealers slumped 3.5 percent on-month, while those at restaurants and bars fell 0.9 percent.

Read More Details
Finally We wish PressBee provided you with enough information of ( US retail sales slip more than expected after rush to beat tariffs )

Also on site :

• This Common Over-the-Counter Medication May Harm Brain Health, Doctors Say—Do You Take It?
• Uno de los médicos acusados ​​de suministrar ketamina a Matthew Perry acepta declararse culpable, según muestra el documento
• In Q1 2025, enterprise SaaS M&A deal count hit 210, according to PitchBook