View Post

Commerce Dept: August Retail Sales Stagnate

In Industry News, What's New by Accessories StaffLeave a Comment

Washington—After seven months of increases, total U.S.retail sales remained flat in August, the U.S. Commerce Department reported today, reflecting, some analysts say, consumers becoming more restrained due to economic uncertainty. While economists’ average estimate forecast a 0.2% rise for August sales, eight of the 13 major categories tracked for sales …