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Posted: 2025-06-18 21:08:22 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-06-18 21:08:35 UTC
Verified By
Rollup News
US consumer spending is declining, with retail sales dropping by -0.9% in May, marking the second consecutive monthly decrease. Several categories, including building materials, gasoline, and motor vehicles, experienced declines, and restaurant and bar spending saw its biggest drop since February 2023. Inflation-adjusted retail sales are also down, indicating that Americans are struggling to keep up with rising prices.
Decline in retail sales
Decrease in multiple spending categories
Impact of inflation on consumer spending
Falling retail sales
Decreased spending in key sectors
Inflation outpacing consumer capacity