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US Retail Sales Drop More Than Expected in July

Bloomberg Technology Friday 14 August 2026, 13:39 UTC 1 min read
Key Points

Aug 14th, 2026 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 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.

Aug 14th, 2026 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 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.
US Retail Sales Drop (ORG) US (LOCATION) Bloomberg (ORG) Michael McKee (PERSON) Aditya Bhave (PERSON) BofA Securities (ORG)
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