Economy
US Retail Sales Slump as Summer Tax-Refund Boost Fades
US retail sales fell 0.6% in July, the biggest drop in over a year, as tax-refund spending faded and gas prices rose amid Iran war tensions.
—5 min read
Tag
#Retail Sales
7 articles
Economy
Inflation Cools in July But Consumer Spending Declines
July inflation cooled to 3.4% but retail sales fell 0.6%, the biggest drop in over a year, as American households pull back on spending.
—5 min read
Economy
China Targets 60 Trillion Yuan Retail Sales by 2030
China's first national consumption plan targets 60 trillion yuan in retail sales by 2030, adding 10 trillion yuan over five years.
—6 min read
EconomyChina
China's Trade-In Program Sales Drop as Stimulus Effect Fades
China's trade-in program generated 1.1 trillion yuan in H1 2026, down 31% from last year, as stimulus fatigue sets in and retail sales contract.
—5 min read
Economy & Trade
China Readies $9 Billion Stimulus as Retail Sales Shrink
China injects $9.2 billion in trade-in subsidies as May retail sales fall 0.6%—the first contraction since 2023—signaling stimulus campaign exhaustion.
—4 min read
EconomyChina
China Injects $9 Billion Stimulus as Retail Sales Shrink
China injects $9.2 billion in new consumer subsidies as May retail sales post first decline since 2022, signaling challenges for domestic demand.
—5 min read
EconomyChina
China Retail Sales Shrink for First Time Since 2022
China's retail sales fell 0.6% in May, the first decline since 2022, as consumer spending weakens and property woes deepen, signaling economic pressure.
—5 min read