Retail sales improvement moderates in July | Visa


Retail sales improvement moderates in July

Visa’s analysis of current economic data indicates that U.S. consumer activity continued to recover in July, but at a more moderate pace.

Line chart shows YoY percent change of retail sales. See Image description for more information.
Line chart shows YoY percent change of retail sales (excluding auto sales) from 7.1% in July 2018 and falling to the lowest point in April 2020, reaching -16.64%. After that retail sales began to rise again, increasing to nearly 2% in July 2020.