×

Retail Sales Slip .3% As Inflation Surges

Various grades of gasoline, with prices above seven dollars per gallon, are displayed at a Chevron gas station, May 22, 2022, in downtown Los Angeles. Americans cut their spending unexpectedly in May compared with the month before, underscoring how surging inflation on daily necessities like gas is causing them to be more cautious about buying discretionary items. AP photo

NEW YORK — Americans trimmed their spending unexpectedly in May compared with a month before, underscoring how surging inflation on daily necessities like gas is…

Starting at $3.50/week.

Subscribe Today