New data signals tariff turmoil’s effect on consumer spending
New data signals tariff turmoil’s effect on consumer spending – CBS News Watch CBS News New economic data released Tuesday suggests the turmoil surrounding tariffs is affecting U.S. consumer spending. Retail sales in the U.S. dropped 0.9% in May, a sharp dip from the 0.1% decline the month before. Kelly O’Grady takes a look at