Article Title: CNN: Americans cut back sharply on their spending last month amid tariffs
Snippet of Article: "... Retail sales fell by 0.9% in May from the prior month, the Commerce Department said Tuesday, down sharply from April’s downwardly revised 0.1% decline. That was the steepest monthly decline since January and worse than the 0.7% decrease economists projected in a poll by data firm FactSet.
The figures are adjusted for seasonal swings but not inflation.
The drop was mostly due to plummeting car sales. ..."
Source: www.cnn.com
