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From Gemrate

Overall grading activity was ⬆10% in July compared to June and ⬆34% YoY.
The 10% increase is consistent with the trend seen in 2024, and the 34% YoY gain marks the fourth straight month in the 30–40% range.
Grading activity totaled 2.30 million cards in July, up ~215k compared to June.
PSA graded 1.67m cards - ⬆17% vs June, ⬆31% YoY. [Record high]
CGC graded 399k cards - ⬇7% vs June, ⬆110% YoY.
SGC graded 153k cards - ⬇3% vs June, ⬇21% YoY.
Beckett graded 75k cards - ⬆19% vs June, ⬆37% YoY.

PSA graded 1,676,743 items during July; total output increased by 17% vs June and was up 31% year-over-year.

PSA activity hit another new high, driven by the major sports in July. Overall, PSA continues to have multiple levers to pull and appears poised to finish the year with significant momentum.

SGC activity declined in July, likely marking the start of a more gradual slide in the months ahead. As Collectors de-emphasizes the SGC brand, we expect volumes to continue trending toward pre-pandemic levels - likely working towards the 15,000 to 25,000 cards per month range in the not-so-distant future.

CGC saw a modest pullback in TCG grading in July, resulting in a dip in overall activity. That said, volumes are still well above historical norms and look likely to remain elevated for the foreseeable future.

Beckett results were the strongest since late 2023, driven by increased TCG grading activity. Another strong month in August could point to a sustained upward trend.