US Retail Sales Drop More Than Expected in July
US retail sales fell in July by the most in more than a year as consumers pulled back on purchases at online stores and auto
US retail sales fell in July by the most in more than a year as consumers pulled back on purchases at online stores and auto dealers. Sales dropped by 0.6%, the forecast was for a 0.1% gain.
Bloomberg's Michael McKee has the numbers followed by Aditya Bhave from BofA Securities with reaction. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications
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