US retail sales surge in July

By Afp, Washington
15 August 2017, 18:00 PM
UPDATED 16 August 2017, 00:00 AM
American consumers spent at a brisk pace in July, pushing US retail sales to their biggest increase in seven months, according to preliminary figures released Tuesday.

American consumers spent at a brisk pace in July, pushing US retail sales to their biggest increase in seven months, according to preliminary figures released Tuesday.

Auto sales helped drive the mid-summer upswing after sagging for much of the year, posting the biggest gain since December last year.

Long-suffering department stores likewise showed signs of life.

However, cheap gasoline and falling sales of electronics and clothing items still weighed on sales last month.