United States Retail Sales contracted by 0.6% MoM in July
Retail Sales in the United States decreased to $763.6 billion in July, a 0.6% decline compared to the previous month, the US Census Bureau reported on Friday. This print reversed the 0.2% expansion recorded in the previous month and came in below market expectations (+0.1%).
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- ‘It’s not lights out for the economy’: U.S. retail sales drop 0.6% in July fortune.com
- US retail sales unexpectedly fall in July businesstimes.com.sg
- US retail sales unexpectedly fall in July straitstimes.com
- US retail sales weakest in over a year in July news.rthk.hk
- US retail sales weakest in over a year in July freemalaysiatoday.com
- Sales at U.S. retailers slid in July, the latest in a string of weaker reports prompting a rethink about an economy that had looked to be only accelerating this spring wsj.com
