The chart below shows that the gradual uptrend in retail sales remains intact. Though consumer spending is not surging ahead and fueling a strong economic recovery, retailers can claim a modest degree of success when it comes to enticing shoppers into their stores with sales. Details are available at Examiner.
Retail sales increased 0.4% in August. Ex-autos, sales grew by 0.6%, and removing autos and a 1.9% rise in gasoline stations sales (compliments of higher prices at the pump), s0-called “core sales” increased a respectable 0.5%.
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