US retail sales rise in August

| September 14, 2010 | 0 Comments
”US

The Commerce Department has today announced a rise in US retail sales - the second consecutive monthly gain.

Retail sales grew by 0.4% in August to a five-month high - better than analysts had expected.

Sales were boosted by clothing and fuel. However, car sales fell 0.7% in the month after growing strongly over recent months.

The figures will ease doubts that the recovery in the world’s largest economy will falter in the second half of the year.

Tags: ,


Comments (0)

Trackback URL | Comments RSS Feed

There are no comments yet. Why not be the first to speak your mind.

Leave a Reply


Visited 2111 times, 1 so far today