Video Retail sales post largest drop in more than a year — Live Feedhttps://www.live-feeds.com/feed/video-retail-sales-post-largest-drop-in-more-than-a-yearContinuously updated, source-cited coverage. U.S. Retail Sales Suffer Unexpected July Declinehttps://www.live-feeds.com/feed/video-retail-sales-post-largest-drop-in-more-than-a-yearhttps://www.live-feeds.com/feed/video-retail-sales-post-largest-drop-in-more-than-a-year#u45016Wed, 19 Aug 2026 01:25:41 +0000U.S. retail sales dropped unexpectedly in July, marking the largest decline in more than a year for video retail. Consumers cut spending sharply as financial pressures increased. The surprise downturn caused the value of the U.S. dollar to fall. This trend aligns with broader warnings from Goldman Sachs regarding a consumer spending slowdown as the temporary boost from tax refunds disappears.Why it mattersRetail spending serves as a primary indicator of U.S. economic health. A sustained drop suggests shoppers are feeling financial strain. This volatility affects currency markets and overall ec