U.S. Retail Sales Fell in August

September 15, 2016 12:38 PM

20 0

U.S. Retail Sales Fell in August

WASHINGTON—U.S. retail sales declined in August, a cautious signal about consumers’ ability to remain the primary driver of economic growth this year.

Sales at retail stores, online and at restaurants fell 0.3% in August to a seasonally adjusted $456.32 billion last month, the Commerce Department said Thursday. It was the first decline in retail sales since March. Sales had increased 0.1% in July, a small upward revision from an initial flat readi...

Also read: U.S. Existing Home Sales Fell in April

Read more

To category page