US July retail sales -0.6% vs +0.1% expected

Prior was +0.2% Ex autos -0.3% vs +0.2% exp Ex gas and autos -0.2% vs +0.4% prior Retail control -0.4% vs +0.3% exp Retail sales y/y nominal 5.01% vs +6.72% prior The thinking is that the US consumer will continue spend so long as the jobs market holds up but this report dents…