FX.co ★ U.S. Redbook Index Shows Stronger Consumer Spending Momentum in July

U.S. retail sales momentum strengthened in early July, according to the latest Redbook data, signaling resilient consumer demand despite broader economic uncertainties. The Redbook Index, which tracks same-store sales at large U.S. retailers, rose 11.5% year-over-year as of 07 July 2026, up from a 10.5% annual increase in the prior reading.

The data, measured on a year-over-year basis, compares the change in sales for the current month to the same month a year earlier. The previous figure reflected the change in the prior month versus its year-ago counterpart. The acceleration from 10.5% to 11.5% suggests that U.S. consumers have continued to spend at a robust pace, potentially supporting overall economic activity and retail revenues as the third quarter gets underway.