Insight ReportUS Economic Update, 2Q22: GDP Declines for a Second Quarter, as Consumer Spending on Goods Falls Coresight Research July 29, 2022 Reasons to ReadOur Economic Update discusses macroeconomic indicators from the US. In this report, we look at newly released economic data for the second quarter of 2022, covering GDP and personal consumption expenditure. We analyze correlations between US retail sales and macroeconomic indicators. Click here to read about key consumer indicators in the US, China and the UK—part of our Monthly Consumer Update Read our July 2022 Leading Indicators of US Retail Sales Read about economic data from the first quarter of 2022 for the US and China in our Quarterly Economic Update report. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 32: Co-op Opens New-Format Micro StoreData and Tech for Development—Tapping into the Consumer’s Head: Insights Presented at Retail Property Symposium 2025Playbook: GenAI To Reinvent Supply ChainsWeekly UK Store Openings and Closures Tracker 2025, Week 19: Store Closures Down 25% Year Over Year