June Retail Sales +0.2%: Consumers Pull Back After May's Surge
Consumers spent more cautiously in June. Advance retail sales rose 0.2% from May, according to Census Bureau data released Thursday morning, falling short of the +0.4% to +0.6% consensus that economists had penciled in before the report. Total sales hit $768.6 billion for the month, up 6.7% from June 2025. The miss, while not alarming, lands at a moment when the Federal Reserve needs its growth picture to stay coherent ahead of the July 28-29 FOMC meeting. Key Takeaways June advance retail sales rose 0.2% month-over-month to $768.6 billion, per the Census Bureau, missing the +0.4%-+0.6% consensus. May retail sales were revised upward to +1.0% from the initial +0.9% estimate, softening the he…
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