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SEP 13, 2013 - Time

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U.S. Retail Sales Rise Slight 0.2 Percent in August

(WASHINGTON) — Americans boosted their spending at retail businesses only modestly in August, indicating that economic growth remains sluggish. Consumers bought more cars, furniture and electronics last month but held back on most other purchases. Spending at retail businesses rose just 0.2 percent last month, the Commerce Department said Friday. It was the smallest gain in four months. But the government said retail spending was stronger in the previous month than first estimated, revising the July estimate to 0.4 percent from 0.2 percent Excluding volatile spending on autos, gas and ... Read More

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