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Retail sales increased during July, the first rise in four month, leading economists to believe that consumer spending could push the nation to third quarter growth. The consumer demand climbed for a range of goods, from cars to electronics, Reuters reported. Commerce Department data showed that total sales rose 0.8 percent during the July, the [...] Retail Sales In July Point To Strengthe
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Obviously the new home sales report this morning was solid with sales above expectations and significant upward revisions to prior months. I try not to react too much to the month to month ups and downs; the key points right now are... Read Post

Retail sales inched down by 0.1 percent in July, far below economists' predictions of a 0.7 percent rise, indicating that consumer demand -- which accounts for about 70 percent of the US economy -- is still sluggish. What's the acco... Read Post

US retail sales rose in July for the first time in four months as demand climbed broadly for everything from cars to electronics. ||| US retail sales rose in July for the first time in four months as demand climbed broadly for every... Read Post