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Commerce Dept: July Retail Increases The Largest Since December 2012

In What's New, Industry News by Jeff Prine

Washington—Retail sales edged up in July helped by increases in clothing and general merchandise stores, the U.S. Department of Commerce reported today. The rise was the biggest since December 2012. Sales in the so-called “core” retail sales—excluding automobiles, gas and building supplies—rose 0.5%, exceeding economists’ estimate for a 0.3% rise. …