American consumers pulled back sharply in July, with retail sales posting their largest monthly decline in nine months at –0.6%, raising fresh questions about household resilience.
Tag: consumer spending
Posted inEconomy
US Consumer Confidence Falls a Third Month to 90.8 as Job Sentiment Cools
The Conference Board’s consumer confidence index fell to 90.8 in July, a third straight monthly drop, as job optimism hit its lowest point since 2021.
Posted inEconomy
Japan retail sales surge 5.3% in May, giving BOJ room to keep hiking
Japan’s retail sales rose 5.3% year-on-year in May 2026, the fastest pace since November 2023, as wage growth and government subsidies powered a broad spending rebound.