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Axios Macro

The American consumer stands firm

A column chart that shows monthly U.S. retail sales changes from February 2025 to February 2026. Sales rose as much as 1.4% in March 2025 and fell as much as 0.9% in May 2025. After midyear gains, changes were modest, ending with an 0.6% increase in February 2026.

Change in U.S. retail sales

Data: Census Bureau; Chart: Neil Irwin/Axios

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