Markets brace for July sales figures

Traders work on the floor of the New York Stock Exchange. How will the markets react to July sales numbers?

It's going to be a week in which American shoppers are scrutinized, prodded, and otherwise examined, starting with the government's retail sales figure for July set for release tomorrow. Julia Coronado, chief economist North America for BNP Paribas in New York, discusses the mood of U.S. consumers this summer.

About the author

Julia Coronado is chief economist at BNP Paribas.

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