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Retailers feeling the pinch of a more cautious consumer

June 17, 2025 / 3 min read

Retail sales fell sharply in May on weak auto sales and broader consumer caution.

6172025 chart

First, the bottom line: Cautious outlook curtailing discretionary spending

By the numbers: May retail results softer than expected

Broad thoughts: Policy uncertainty and tariff frontrunning impacted retail sector

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