‘Consumers seem to be over the tariff shock in April,’ one expert says.
People shop at a store in Elkridge, Md., on July 11, 2025. Madalina Kilroy/The Epoch Times
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Consumers’ appetite for shopping rebounded in June following a pullback in the previous month.
Retail sales surged at a higher-than-expected pace of 0.6 percent in June, according to Commerce Department data released on July 17. This is up from a 0.9 percent decline in May and a tepid 0.1 percent gain in April.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
