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May retail sales drop more than expected

By Home - CBSNews.com Jun 17, 2025 | 3:02 PM

U.S. retail sales dropped 0.9% in May, more than the 0.6% many economists forecast. The steep decline follows a 0.1% decrease in April amid the uncertainty about the economy. Laila Maidan, tech and investing reporter for MarketWatch, joined CBS News to discuss the numbers.

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BREAKING THE BUDGET IMPASSE

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Increase income taxes to pay for more spending.
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