Here’s What We Bought In June

It’s undeniable that we’ve now reached summer’s proverbial “dog days.” Some families have headed back to school already, while others have yet to head out on vacation. These and other factors have put consumer behavior at the forefront of my mind for this installment of The Spending Breakdown.

On July 18, the U.S. Census Bureau released retail numbers for both June and the first half of 2023. June included potential spending events, like Father’s Day, Juneteenth, and school graduations. It also presented a handful of weekend days for consumers to load up for barbecues and other summer-inspired gatherings.