U.S. Retail Sales Flat on Gasoline Price Drop; Consumer Spending Resilient

Reuters, Aug. 17, 2022–Lucia Mutikani
U.S. retail sales were unexpectedly unchanged in July as falling gasoline prices weighed on receipts at service stations, but consumer spending appeared to pick up at the start of the third quarter, further assuaging fears the economy was in a recession.
https://www.reuters.com/markets/us/us-retail-sales-flat-july-core-sales-rise-2022-08-17/