Updated: 14-Aug-26 09:17 ET
| July Retail Sales |
 |
|
| Updated: 14-Aug-26 09:17 ET |
Highlights
- Total retail sales declined 0.6% month-over-month in July (Briefing.com consensus: 0.2%) following a 0.2% increase in June.
- Excluding autos, retail sales declined 0.3% month-over-month (Briefing.com consensus: 0.2%) following a 0.2% decline in June.
Key Factors
- Motor vehicle and parts dealers sales declined 1.8% month-over-month following a 2.4% increase in June.
- Gasoline station sales were down 0.9% month-over-month following a 5.8% decline in June.
- Electronics and appliance store sales dropped 0.5% month-over-month following an unchanged reading for June.
- Building material and garden equipment and supplies dealers sales were up 0.3% month-over-month following a 1.2% increase in June.
- Clothing and clothing accessories sales jumped 1.9% month-over-month following a 0.7% decline in June.
- Nonstore retailer sales declined 2.2% month-over-month following a 0.9% increase in June.
- Food services and drinking places sales rose 0.5% month-over-month following a 0.4% increase in June.
Big Picture
- The key takeaway from the report is that control retail sales dropped 0.4% month-over-month. This figure will feed into GDP forecasts, so there are apt to be some downward revisions to Q3 GDP forecasts.
| Category | JUL | JUN | MAY | APR | MAR |
| Retail Sales | -0.6% | 0.2% | 0.9% | 0.7% | 1.7% |
| Excluding Autos | -0.3% | -0.2% | 0.9% | 0.9% | 2.0% |
| Durable goods | |||||
| Building Materials | 0.3% | 1.2% | 0.2% | 0.1% | 1.3% |
| Autos/parts | -1.8% | 2.4% | 1.0% | -0.4% | 0.6% |
| Furniture | 0.3% | -0.1% | 1.6% | -1.2% | 2.4% |
| Nondurable goods | |||||
| General Merchandise | 0.3% | 0.2% | 0.4% | 0.0% | 1.6% |
| Food | 0.0% | -0.1% | 0.2% | 0.6% | 1.1% |
| Gasoline stations | -0.9% | -5.8% | 2.8% | 3.7% | 14.2% |
| Clothing | 1.9% | -0.7% | 1.0% | -0.5% | 0.2% |
| e*retailing/non-store | -2.2% | 0.9% | 0.5% | 1.5% | 0.8% |
|
|