July Retail Sales Dip Amid Sector Shifts | Business and Finance News

U.S. retail sales dipped 0.6% in July after a June uptick, totaling $763.6 billion—but some sectors hit hard while others surged. Car dealerships and online retailers fell 1.8% and 2.2%, respectively, while gas stations dropped 0.9%. Bright spots? Clothing stores rose 1.9%, health shops up 0.7%, and restaurants/drink spots climbed 0.5%. Year-over-year, gas stations are up 16.2%, sporting goods and bookstores over 10%, and online retailers still strong at +7.7%. August numbers coming next month—watch for the next shift. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0d765db5dbe4b95c