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US retail sales fell 0.6% in July as a boost from tax refunds faded. Mike Shedlock said a 17% jump in refunds had temporarily lifted spending, but that stimulus

BWB News TV • 2026-08-18 01:51 UTC • By Billy Odell Tucker-Robinson
US retail sales fell 0.6% in July as a boost from tax refunds faded. Mike Shedlock said a 17% jump in refunds had temporarily lifted spending, but that stimulus
US retail sales fell 0.6% in July as a boost from tax refunds faded. Mike Shedlock said a 17% jump in refunds had temporarily lifted spending, but that stimulus now appears exhausted.
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