US retail sales post biggest drop of 2025 as tariffs and economic worries bite

US retail sales post biggest drop of 2025 as tariffs and economic worries bite

Amid warnings of a grim second half of the year, US retail sales fell 0.9% in the United States. The worse-than-expected decline coincided with decline in manufacturing and loss of home-buyer sentiment.

People shop at a Target store in Chicago, Illinois, US, November 25, 2022. (Reuters/Jim Vondruska/File Photo)