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Retail Sales Dip Amid Economic Caution | San Antonio News
Retail sales edged up just 0.2% in June, a modest gain after a stronger May, as consumers tighten their belts amid economic uncertainty and fading tax refund boosts. Excluding gas—which saw a dip—the broader retail picture brightened, with a 0.7% jump, driven by a strong 1.9% surge in online shopping, fueled by Prime Day deals. Sporting goods and hobbies also rose 1.3%. While inflation cools—gas prices down, prices falling their most in four years—consumer confidence remains tepid. Upcoming Q2 earnings from Walmart and Target will reveal deeper spending trends as shoppers prioritize value…
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