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Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
Yahoo Finance· 2025-09-16 20:45
NEW YORK (AP) — Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price hikes. Retail sales rose 0.6% last month from July, when sales were up a revised 0.6%, according to the Commerce Department’s report. The performance, announced Tuesday, was also likely helped by the continued efforts by Americans to keep pushing up purchases ahead of expecte ...