Home › CGTN       18.08.2026

Are American consumers finally reaching their breaking point?

U.S. retail sales unexpectedly posted the largest drop in more than a year, so what does it mean for the broader economy?

William Lee, Chief Economist and Managing Director at Global Economic Advisors, breaks down the latest round of data and looks to where economy is heading into the second half of 2026.

#economy #US #technology #consumers #shopping #biz #bizshow #FederalReserve #business #retail #AI #trade

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