business
US consumers cut retail spending sharply in July
Summary by The El Paso Editorial Desk CNN Newsource , as published by KVIA ABC-7
· August 14, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
Story provenance No corrections
Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page CNN Newsource, as published by KVIA ABC-7 Original story Read at the source Source published Aug 14, 2026 Indexed here Aug 14, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key takeaway According to the Commerce Department, sales fell by 0.
Retail spending in the US has decreased significantly. 6% in July compared to the previous month. This decline is the largest since May 2025.
The drop in spending may be attributed to various factors, including higher energy prices and fading boosts from tax returns. Further details on the decline in retail sales are available from the source. The Commerce Department's report provides more information on the current state of retail spending in the US.
The full report can be found through KVIA ABC-7 or the original source for more context and information on the recent trends in retail sales.
Why this matters
Local business news drives decisions about where to shop, where to invest, and where to apply for jobs. The El Paso covers openings, closings, expansions, and economic shifts because each one ripples through the community.
About this story
As published by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: business Published: August 14, 2026 Source: KVIA ABC-7 Reading time: 1 min
Frequently asked about this story
What is this story about? Retail spending in the US has decreased significantly. According to the Commerce Department, sales fell by 0.6% in July compared to the previous month. This decline is the largest since May 2025. The…
When was this published? This article was first published on August 14, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The El Paso, or browse our daily briefing and topic hubs .
← Back to all news
More business →
Today’s briefing
Subscribe to newsletter
