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Consumer Fatigue: Retail Sales Flatline at 0.0% Growth

February 18, 2026 Β· Economic Data

The American consumer has hit a wall. The Department of Commerce reported yesterday (Feb 17) that retail sales were completely flat (0.0%) for the last period, missing analyst expectations of a 0.4% gain.

"Needs" vs "Wants"

The data shows a stark divide: Spending on essentials like groceries remained stable, while discretionary categories like furniture (-0.9%) and electronics (-0.4%) saw sharp declines. This confirms that "Shrinkflation" and high living costs have eaten up all disposable income.

This is a classic signal of a "Real Wage" crisis. Even if salaries are rising nominally, they aren't keeping up with the cost of maintaining a standard lifestyle.

Check Your Purchasing Power: Are you earning enough to beat this stagnation? Check the Inflation Calculator.

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