The 9.2% Number Hiding Inside Retail Sales | S3 E155 | 07-17-26
About this episode
Megan Horneman analyzes the latest retail sales data and its implications for consumer behavior.
June retail sales came in close to expectations, with headline growth slowing to 0.2% as gasoline station sales pulled the number down. But strip out food, energy and building materials, and the control group grew 0.5% on the month and is running at a 9.2% annualized pace over the past three months. Megan breaks down what that split actually tells us about the consumer. In this episode, Megan covers: 📊 Why headline retail sales growth slowed to 0.2% in June ⛽ How falling gasoline station sal...
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