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Retail sales post biggest drop since 2025 as spending momentum fades

Consumers cut back on online shopping and vehicle purchases
Consumers pulled back on vehicle purchases in July, with sales at motor vehicle and parts dealers declining 1.8% from June. (Getty Images)
Consumers pulled back on vehicle purchases in July, with sales at motor vehicle and parts dealers declining 1.8% from June. (Getty Images)
CoStar News
August 14, 2026 | 6:57 P.M.

U.S. retail sales sank to their lowest in over a year in July as consumers pulled back on online shopping and vehicle sales.

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