Latest / Markets with Megan: A Quick Financial Markets Update
The 9.2% Number Hiding Inside Retail Sales | S3 E155 | 07-17-26
June retail sales came in close to expectations, with headline growth slowing to 0.2% as gasoline station sales pulled the number down. But strip out food, energy and building materials, and the control group grew 0.5% on the month and is running at a 9.2% annualized pace over the past three months. Megan breaks down what that split actually tells us about the consumer.
In this episode, Megan covers:
📊 Why headline retail sales growth slowed to 0.2% in June
⛽ How falling gasoline station sales weighed on the overall number
💪 The control group's 0.5% monthly gain and 9.2% annualized pace
🚗…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.