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Retail sales rose solidly last month in a sign that consumers are still spending freely


AP Retail Writer

NEW YORK (AP) — Americans increased their purchases at retailers last month – for clothing, dining out, sporting goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy. Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department’s report Tuesday. The gain followed a revised 0.3% gain the previous month. Excluding autos and gas, sales rose a solid 1%. Sales at a number of different outlets increased. Department stores posted a 0.9% increase, while clothing and accessories stores had a 1% gain. Sales at sporting goods stores and hobby stores rose 1.5%. But furniture and home furnishings stores and electronics stores remained weak, registering declines.

Article Topic Follows: AP National

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