The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald Trump’s tariffs, which are starting to take a toll on jobs and lead to some price increases. Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, which was revised upward, according … Read more
