AI Data Insight
According to authoritative DataTrack data, US retail sales excluding motor vehicles and parts reached $617.856 billion in the second quarter of 2026 (2026-04-01), growing by approximately 0.88% from the previous value. Although the market generally estimated a growth of about 0.7%, official data showed stronger expansion momentum. The stock market wealth effect and tax refund bonuses became key to supporting consumption, effectively mitigating the inflationary pressure brought by high oil prices.