Retail Sales in U.S. Decreased More Than Forecast

The video discusses the discrepancy between economists' estimates and actual retail sales figures, highlighting a greater-than-expected drop. It examines the factors contributing to this softness, such as subdued auto sales and reduced prices for items like gas. Despite a previous strong performance, retail sales have recently underperformed, partly due to falling oil prices affecting consumer spending patterns. The video also explores the potential impact on the equities market.

What was the retail sales gain in August, and how does it compare to previous months?

What impact did falling oil prices have on consumer spending?