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U.S. retail sales rose in July after two months, mainly to show an increase in car sales figures. Total sales climbed by 0.4% over the previous month, as sales fell a revised 0.3%, said the Commerce Department. Excluding the impact of car sales in total retail sales increased by 0.2%. U.S. retail sales have ceased [...]
U.S. retail sales showed a surprise increase in February as consumers defied extremely poor weather to bring to market. The U.S. Commerce Department said retail sales rose by 0.3% last month, while the forecast had predicted a decline of 0.2%.
The increase, the biggest since November fueled hopes that the economic recovery is gaining momentum and [...]