Retail Sales Rose 0.3% in August

by | Sep 15, 2022 | Business

U.S. consumers spent at a steady pace in August as gasoline prices fell, with purchases of vehicles and back-to-school items like clothing driving the gain.Retail sales, a measure of spending at stores, online and in restaurants, rose 0.3% in August from the prior month, the Commerce Department said Thursday. July spending was revised down to a 0.4% decline from a previous flat reading.

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