July Retail Sales Point to Consumer Spending Rebound

August 13, 2012  by in UnCategorized   

By Aggregated Content in economic news on August 14, 2012 from http://www.wdbj7.com/news/nationworld/sns-rt-us-economybre87d0gk-20120814,0,1445300.story Retail sales rose in July for the first time in four months as demand rose broadly for everything from cars to electronics, a sign that consumers could drive faster economic growth in the third quarter.

Retail sales rose 0.8 percent last month, the Commerce Department said on Tuesday.

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