AI Data Insight
According to the latest data, US non-seasonally adjusted retail sales excluding autos for 2026-08-01 (Q3 2026) dropped to $605.485 billion, a significant decline from the previous figure. Although external consensus indicates that seasonally adjusted nominal data received slight support due to higher oil prices, high inflation and energy costs have begun to crowd out household discretionary spending. Whether end-market consumption can withstand the high interest rate environment in the future will drive the overall economic outlook.