International Economic

Rebound in Autos and parts sees US July retail sales surge

By Alexander Bueso

Date: Thursday 15 Aug 2024

(Sharecast News) - Retail sales jumped last month, driven by a rebound in auto purchases.
According to the Department of Commerce, in seasonally adjusted terms, retail sales volumes shot 1.0% higher month-on-month to reach $709.7bn.

That followed a revised 0.2% decline in June (Preliminary: 0.0%), but was more than twice...

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