https://www.live-feeds.com/feed/my-thoughts-about-those-july-retail-salesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/my-thoughts-about-those-july-retail-saleshttps://www.live-feeds.com/feed/my-thoughts-about-those-july-retail-sales#u44494Mon, 17 Aug 2026 14:51:10 +0000US retail sales fell 0.6% in July, marking the weakest performance in over a year. Consumer sentiment has plunged, suggesting that inflation is eroding buying power. The decline in retail sales indicates that consumers are cutting back on spending.Why it mattersThe retail sales data is a key indicator of consumer spending, which accounts for a significant portion of the US economy. A decline in retail sales can signal a slowdown in economic growth. The July data comes as inflation remains a concern for consumers and policymakers.What is confirmedUS retail sales fell 0.6% in July.Consumer senti