NRF: Retail sales inch up in May; pre-tariff ‘pull-forward’ shopping lessens

CNBC/NRF Retail Monitor shows continued sales growth but less stocking up ahead of tariffs - WRNJ Radio

WASHINGTON, D.C. – Retail sales continued to grow in May even though consumers slowed down on stocking up ahead of tariffs, according to the CNBC/NRF Retail Monitor. “The data for May indicates that the pull-forward in consumer demand ahead of tariffs is likely dissipating,” NRF President and CEO Matthew Shay said. “While momentum remains, the nature of consumer spending is shifting as economic uncertainty increases. Consumer fundamentals haven’…

CNBC/NRF Retail Monitor reveals continued sales growth for May but less stocking up ahead of tariffs

WASHINGTON – Retail sales were up in May even though consumers slowed down on stocking up ahead of tariffs, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released Friday by the National Retail Federation.“The data for May indicates that the pull-forward in consumer demand ahead of tariffs is likely dissipating,” NRF President and CEO Matthew Shay said. “While momentum remains, the nature of consumer spending is shiftin…

Consumer Spending Holds Steady in May, Retail Monitor Shows

May sales figures indicate that the pull-forward in consumer demand ahead of tariffs is likely dissipating

NRF: Retail sales inch up in May; pre-tariff ‘pull-forward’ shopping lessens

Retail sales continued to grow in May even though consumers slowed down on stocking up ahead of tariffs, reported the National Retail Federation.