Retail Sales Excl. Autos & Gasoline Jump by Most in 18 Months & Pushed Up Atlanta Fed GDPNow to 2.5% from 2.0% Last Week

Retail sales without gasoline and auto sales jumped by 0.8% in June from May, seasonally adjusted, the biggest increase since January 2023, spread among many categories of retailers, including a massive increase in ecommerce sales. Year-over-year, they rose 3.8%.