Retail sales unchanged in June from May, underscoring shoppers' resilience
Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy. Retail sales were unchanged in June from May, after being revised upward to a 0.3% increase in May, according to the Commerce Department. Last month, April sales were revised downward — a 0.2% decline, from unchanged. Sales rose 0.6% in March and 0.9% in February. That comes after sales fell 1.1% in January, dragged down in part by inclement weather.