Key Metrics
19.93
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-08-15
Key Impacts
Positive Impacts (8)
Event Overview
The rise in US retail sales reflects resilient consumer spending amid economic recovery, signaling sustained demand in key sectors like automotive, furniture, and leisure goods. This trend suggests gradual stabilization following earlier volatility, though inflation-adjusted figures remain unaddressed. The data highlights consumer behavior as a critical economic driver, with implications for broader growth indicators and policy decisions.
Collect Records
US Retail Sales Rose 0.5% in July, Marking Second-Straight Monthly Gain
According to data from the Commerce Department released on Friday, US retail sales rose 0.5% in July, matching economists' estimates. The July increase marked the second consecutive monthly gain after a pullback in spending in late spring. The data, which is not adjusted for inflation, showed that consumers increased spending on categories such as autos, furniture, sporting goods, and other hobby-related goods. The Commerce Department also reported that June's retail spending was higher than initially thought. Despite ongoing concerns about the health of the economy and the impact of tariffs, consumer spending has remained resilient, with strong summer spending boosted by sales events.