New data signals tariff turmoil's effect on consumer spending

Wednesday, June 18th 2025, 12:00:00 am
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New economic data released Tuesday suggests the turmoil surrounding tariffs is affecting U.S. consumer spending. Retail sales in the U.S. dropped 0.9% in May, a sharp dip from the 0.1% decline the month before. Kelly O'Grady takes a look at the numbers.
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