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US retail sales unexpectedly fall in July
July saw a surprising dip in US retail sales, reversing the trend of recent strong performances. The earlier surge in consumer spending, fueled by generous tax refunds, has now dwindled. Additionally, lower gasoline prices have played a role in this decline. On a brighter note, a stock market upswing is enhancing household wealth, paving the way for potential future spending as affluent families leverage these gains for their purchases.
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apnews.com
US retail sales unexpectedly post largest drop in more than a year
Americans unexpectedly cut their spending in July by the biggest drop since May 2025, raising doubts about the resiliency of consumers who have kept spending and powering the…
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cryptobriefing.com
US retail sales fell 0.6% in July, missing forecasts as consumers pull back
US retail sales fell 0.6% in July 2026 to $763.6B, missing forecasts of a small gain as core sales also weakened, raising questions about
