AI Data Insight
In Q2 2026 (June), US retail sales excluding autos dropped to a seasonally adjusted $521.068 billion, down approximately 0.47% from $523.550 billion in the previous month. This data performance shows that under an environment of inflation and high interest rates, consumers are starting to put the brakes on discretionary spending. This not only adds to market concerns about a slowdown in economic momentum but also boosts external expectations for the Federal Reserve to accelerate interest rate cuts.