Retail sales up a modest 0.2% in June amid economic uncertainty and fading benefits from tax refunds

ANNE D'INNOCENZIO

Thu, July 16, 2026 astatine 7:44 AM CDT 1 min read

NEW YORK (AP) — Shoppers slowed their spending successful June from May arsenic amid continuing economical uncertainty and fading benefits from generous authorities taxation refunds.

Retail income roseate 0.2% successful June, aft being up a revised 1% successful May, according to the Commerce Department's study released connected Thursday.

Excluding concern astatine state stations, retail income were up 0.7%

Business astatine covering and accessories stores slipped 0.3%, portion online income roseate 1.9% fueled by spending surrounding Amazon's Prime Day event, which was held from June 23 done June 26.

The information offers lone a snapshot of user spending and doesn't see activities similar question and edifice stays. The lone services class – restaurants – registered a 0.1% increase.

The study comes arsenic U.S. ostentation cooled past period arsenic the outgo of gas, clothes, and utilized cars fell, offering immoderate alleviation to consumers, portion underlying terms pressures besides slowed much than anticipated.