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U.S. Retail Sales Climb More Than Expected Amid Jump In Auto Sales

RTTNews Friday, 13 September 2019
Reflecting a jump in auto sales, the Commerce Department released a report on Friday showing U.S. retail sales increased by more than expected in the month of August. The Commerce Department said retail sales rose by 0.4 percent in August after climbing by an upwardly revised 0.8 percent in July.
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News video: U.S. Retail Sales Increasing

U.S. Retail Sales Increasing 00:35

U.S. retail sales increased more than expected in August, pointing to solid consumer spending. Reuters reports that analysts project the increase should continue to support a moderate pace of economic growth. The report from the Commerce Department on Friday could further allay financial market...

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