U.S. retail sales rise 1.2% in August after July dip
Commerce Department data shows sales at U.S. retailers rose 1.2% in August to $773.9B, rebounding from a 0.5% July decline.
U.S. retail sales climbed 1.2% in August to $773.9 billion, rebounding from the 0.5% decline in July, the Commerce Department said. The August increase topped economists’ 0.8% gain estimate.