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Retail Sales Suffer Biggest Drop In More Than A Year As Iran War Casts Shadow Over Economy

Americans sharply pulled back on retail spending in July even as inflation remained elevated, raising fresh questions about whether the U.S. economy is weakening beneath the surface of the Iran war's supply-driven price shock. Retail sales fell 0.6% in July from the previous month, the Commerce Department reported Friday, marking the largest monthly decline since This article Retail Sales Suffer Biggest Drop In More Than A Year As Iran War Casts Shadow Over Economy was originally created by Converseer.

Converseer Converseer · Wire Report · 2 hours ago · 1 min read

Retail Sales Suffer Biggest Drop In More Than A Year As Iran War Casts Shadow Over Economy

Image via wire syndication · Converseer

WIRE — Americans sharply pulled back on retail spending in July even as inflation remained elevated, raising fresh questions about whether the U.S. economy is weakening beneath the surface of the Iran war's supply-driven price shock. Retail sales fell 0.6% in July from the previous month, the Commerce Department reported Friday, marking the largest monthly decline since This article Retail Sales Suffer Biggest Drop In More Than A Year As Iran War Casts Shadow Over Economy was originally created by Converseer.

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