US Retail Sales Rise 0.5% in July, Matching Expectations

U.S. retail sales grew 0.5% in July, aligning with market expectations, while core measures showed more moderate gains compared to the prior month.

• Headline retail sales: +0.5% month-over-month (consensus +0.5%).
• Excluding autos: +0.3% (consensus +0.3%).
• Excluding autos and gasoline: +0.2% vs. June +0.8% (previously +0.6%).
• Retail control group: +0.5% vs. consensus +0.4%.

Relevant Companies

• WMT...