As has been the case over the last four months, retail sales have shown growth albeit not at startling rates. That was the case again for July retail sales in data released by the United States Department of Commerce and the National Retail Federation today.
Commerce reported that July retail sales at $424.5 billion were up 0.5 percent compared to June and up 4.0 percent compared to July 2012. Total retail sales from May through July are up 4.0 percent annually.
Source:
http://www.mmh.com/article/retail_sales_show_slight_growth_in_july_according_to_nrf_and_commerce
