Retail sales in the US have taken an unexpected turn, with a significant decrease in spending in July. This decline follows a period of increased spending in April and May, which was likely fueled by tax refunds. The drop in July has raised concerns among economists about the strength of consumer spending.

6% in July, which is the largest decrease since May 2025. 2% in June. Economists had been expecting a small increase in retail sales.

Further details on this development are available from the Commerce Department's data release. The impact of this decline on the local economy in Detroit is not specified, but the national trend may have implications for consumer spending habits.