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business1d ago

Shoppers increased retail spending by 0.6% in August, even as tariffs led to price hikes and hurt jobs

https://www.pbs.org/newshour/economy/shoppers-increased-retail-spending-by-0-6-in-august-even-as-tariffs-led-to-price-hikes-and-hurt-jobshttps://finance.yahoo.com/news/us-retail-sales-beat-expectations-124327324.htmlhttps://apnews.com/article/retail-sales-economy-11e40d9b98461fee52f5db2455f0e7e1
Pbs.org and 4 more
Shoppers increased retail spending by 0.6% in August, even as tariffs led to price hikes and hurt jobs Open in Pbs.org
Highlights
  • Retail sales rose 0.6% in August from July, showing resilient consumer spending even as tariffs weigh on prices and job trends.
  • Back-to-school shopping was a key theme in August, boosting demand for clothing and electronics and shaping spending.
  • Excluding auto sales, August retail growth picked up to 0.7%, while auto dealers rose 0.5%, signaling mixed momentum in the report.

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References

US retail sales increase solidly; headwinds from softening labor market loom

https://finance.yahoo.com/news/us-retail-sales-beat-expectations-124327324.htmlFinance.yahoo.com

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

https://apnews.com/article/retail-sales-economy-11e40d9b98461fee52f5db2455f0e7e1Apnews.com
Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

US retail sales surge despite Trump tariffs

https://www.thetimes.com/business-money/companies/article/us-retail-sales-surge-despite-trump-tariffs-ztzfwbrfnThetimes.com
US retail sales surge despite Trump tariffs

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

https://www.latimes.com/business/story/2025-09-16/retail-sales-up-0-6-in-august-from-july-even-as-tariffs-hurt-jobs-and-lead-to-price-hikesLatimes.com
Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

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