Episode
Retail Rises Despite Gas Prices
- Published
- Jun 18, 2026
- Duration seconds
- 83
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Summary
Retail sales surged in May with a 0.9% jump, outpacing April’s 0.4%, fueled by warmer weather and stable gas prices. Even excluding gas, spending rose 0.7%, with clothing, furniture, and online shopping leading the charge. Electronics and department stores dipped slightly, while restaurants saw a minor decline—possibly due to earlier gas price hikes. Core spending, stripped of volatile items like cars and building materials, climbed 0.7%, signaling resilient consumer confidence thanks to tax refunds and a strong job market. As gas prices ease, bargain hunters are sticking with warehouse clubs—where fuel and discounts go hand in hand. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/e6e1c0a982620d66