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US retail sales fall in May as tariff anxiety continues to distort spending patterns
US retail sales fell in May, the biggest decline since March 2023, after consumers pulled back from a spate of previous stockpiling this year. Retail sales comprised $715.4 billion, a decrease of 0.9% in April, and well below what economists estimated.
Sales of previously occupied US homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the ...
U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an economic slowdown because of tariffs ...
SALT LAKE CITY — Sales of existing homes in the United States fell 5.9% in March, the biggest monthly decline in more than two years. The seasonally adjusted annual rate of 4.02 million existing ...
US industrial production fell 0.2% month-on-month in May, while retail sales and export prices also missed estimates, ...
Home equity borrowing rates fell for much of the last year, but will they drop again after the June Fed meeting?
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