LET'S CROSS TO MIKE MCKEE. GOOD MORNING. MIKE: IT LOOKS LIKE WE'VE GOT A REASONABLY GOOD BUT SLIGHTLY DISAPPOINTING RETAIL SALES NUMBER.THAT NUMBER COMES IN AT .5%. LAST MONTH WAS .5% AND THE FORECAST WAS FOR .6%. FOR AUTOS, WE ARE AT .3%, WHICH WOULD -- WHICH IS WHAT WAS FORECAST.THE CONTROL GROUP EVERYBODY CARES ABOUT, OF COURSE, IS UP .5%. SAME AS LAST MONTH. THAT WOULD BE GOOD NEWS.IT SHOWS AMERICANS ARE SPENDING. I'M SAYING GOOD NEWS AND THE MARKETS PROBABLY ARE NOT LIKING IT. IMPORT PRICES COME UP .4% ...

US retail sales rose in July in a broad-based advance, boosted by car sales and major online promotions in a sign consumers stepped up their spending in recent months. https://t.co/LZR3Atk3NM ...

London is bearing the brunt of the UK’s jobs slowdown as a combination of tax rises, elevated wage costs and weak consumer spending force the city’s business to cut payrolls faster than in the rest of the country https://t.co/TwagEt9m85 ...

helping us to make sense of this, Morgan Stanley, restaurant and food distribution analyst Brian Harbor. Brian, you know, the cavas of the world aside, we can get to that specifically in a moment. How do we explain why one stock is up so much, the other one is down.Is it just execution, consumer taste. >> Well, the truth is full service, notwithstanding, I think Bloom, as you just showed, full service is actually doing pretty well right, right. Why is that.I think somewhat people are still going out to eat. ...

Sales Performance - CAVA Group's same-restaurant sales fell short of estimates [1] Consumer Behavior - Consumers reduced spending [1]

Hello and welcome to Asking for a Trend. I'm Ally Canal and for the next half hour, we're breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve.Here are some of the trends we'll be diving into. Stocks rallied Tuesday after CPI data is released, and investors like what they heard. At the end of the session, all the major indexes ended the day higher.And in the wake of tariff policies ups and downs, ...

Inflation & Tariffs - Core CPI annualized basis came in a little hotter than expected, at the highest since February [2] - Sequential core inflation and underlying inflation data are showing an uptick after two years of moving closer to the Fed target [3] - Tariff pass-through is having a moderate impact and is likely to grow in the months ahead [3] - Import-sensitive categories like furniture, appliances, and car parts are seeing a shift towards higher inflation [4] Economic Growth & Labor Market - Recent economic data shows some labor market weakening and slowing in economic activity and growth [4] - There are medium-term questions about the effect of tariffs on both inflation and economic growth/employment [4] Consumer Spending & Impact on Working Class - Tariffs disproportionately affect low and moderate-income households [8] - Wage growth is slowing down at the bottom of the income distribution [9] - Consumer spending has been almost flat in the aggregate over the last six months, likely weaker at the bottom of the distribution [9] Healthcare & Student Loans - Premiums for those getting healthcare through Affordable Care Act exchanges will increase, in some cases by 10-20% starting in 2026 [11] - The turning off of the student loan pause is already showing its way in some of the credit score data [12] - There are challenges in the bottom half of the distribution that policymakers will need to be attuned to [13] Data Integrity - It's critical that members of the US Senate interrogate the nominee and press him on whether he can commit to providing credible nonpartisan data completely free from political interference [5] - Business leaders and market participants should make their voices heard about the importance of US economic data being respected [6]

Liz Everett Chrisberg is here and >> the good thing you're bringing us new data I'm told instead of like last month's. No, >> that's fant that is fantastic. Just to make it clear, this is new data.Bank of America Institute reporting consumer spending rose again in July. The consumer is sort of okay. Up 1.8%.Is that good. Year-over-year. >> I'd say it's more than sort of okay. Um, >> it's really sort of okay. >> Well, it's sort of okay.So, so consumer spending year-over-year up 1.8%. If we were to do seasona ...

Morning Joe. The CNBC NRF retail monitor jumped to its best monthly game since we be gain before since we began assembling the data in 2022. That's a likely sign of some combination of a resilient consumer, big midsummer promotions from retailers and possibly tariffed inflation.The NRF monitor, it's fueled by real credit card spending data from D from Affinity Solutions. It jumped 1 and a.5% in July from a negative 0.3% in June. The measure is X autos and gas.Total retail sales year-over-year up a strong 5. ...

Well, later uh this week, the government is going to release retail uh sales data first. So, we have the CNBC NRF retail monitor for you uh ready to go this morning. Senior economics reporter Steve Leeman joins us now with the numbers.Hey, Steve. Morning, Joe. The CNBC NRF retail monitor jumped to its best monthly game since we be game before since we began assembling the data in 2022.That's a likely sign of some combination of a resilient consumer, big midsummer promotions from retailers, and possibly tari ...