Retail and Food Sales Dropped 0.9%, SEEPER THAN EXPECTED DECLINE

American Shoppers are Starting to Step on the Brakes.

President Donald Trump’s Sesesaw Sentiment on Tariffs LED MANY Americans to Stock Up on Goods. The Latest Retail Sales Data Shows This May Be Slowing. The Census Bureau Reported Tuesday Morning That Retail and Food Services Sales Were down 0.9% over the month in May, A Large Drop Than Economists Expect.

“Consumers tightened their pure strings in May after Rushing to Beat Tariff-Fueled Price Increas in March and April,” Bill Adams, Chief Economist for Comerica Bank, Said Regreaming. “But consumers didn’t just pulled back on Durable Goodgories Like Cars, Appliances, or Electronics. They Also Reinmed in Spending on Day-to-Day Expensses Like Groceres and Restaurants.”

The tariffs in Question have ben a roller coaster. From Ceos Mentioning “Tariffs” More Times Than Last Year on Earnings Calls, to Comparing Trump’s Plass to A “Greek Tragedy,” Consumers and Investors Have Remained. While some parts of trade deals are confirmednegotiations are ongoing before the Bulk of the New Tariffs are set to go into effect on July 9.

Following the Liberation Day Announcement, Panicked and Bowht Lots of Items before Grocery Store and Temu Gadgets Shot in Price.

The new retail sales release is one of the first signals that oversseas buying may be coming to a halt.

A 3.5% MONTH-OVER-MONTH DROP FOR CAR DEALERS AND AUTO PARTS LED THE WEAKENING RETAILER DATA, COUPLED WITH 2.7% DECLINE FOR BUILDING SUPPLIES SHOPS. Adams Said “Weak Consumer Confidency was to Blame” for the Lack of Shoppers in May.

Additionally, this drop in car sales also coinced with an Increase in Dealer Inventories nor Production TRIED TO MET DEMAND. Cars are piling up at the dealership as the buying french cool.

“The Auto Industry Ramped Up Production in May AFTER ‘RUSH to Buy New Vehicles in March and April Depled Inventories on Dealer Lots. But Higher Assemblies Might Not Last, Since New and Light Truck Sales in May,” Adams Said.

Trump and HIS Team Have Said Car Price Will Not Be Affective by Tariffs. Some Car Manufacturers have disagreed. Honda, GM, and Hyundai Expect Incresed Price as A Result of Imposed Tariffs.

Economic Hard Data Like the Better-Than-Expected Jobs Report for May The Economy is Still Going Strong. Consumer sentiment and Expectations Remain Sour from Trump’s Spring Tariff Announcement.