Official data suggests the economy remains supported by solid job and wage growth, even as monthly sales gains showed signs of slowing.

The National Retail Federation says new data from the US Census Bureau shows shoppers continued to spend in April 2025 despite ongoing concerns over tariffs on imported goods.

WASHINGTON (Reuters) -U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and consumers pulled back on spending elsewhere against the backdrop of an uncertain economic outlook.