Consumer spending was stronger than expected in March, fueled by surging auto-related sales as consumers looked to get ahead of potential tariff-related price increases.
Retailers are urging passage of new bipartisan legislation that would establish a coordinated federal response to the growing problem of organized retail crime.
The nation’s retail groups were quick to respond to the Trump administration’s reciprocal tariffs plan, with all voicing concerns that the end result will be increased prices for consumers.
Voters are worried the 2025 tariffs will raise prices on everything from groceries (76%) to medicine (71%) to household supplies (67%) and clothing (66%).