US Retail Sales Rise 1.2% in August After Dropping in July

0 September 16, 2026 10:32

US retail sales rose broadly in August showing that consumers are still spending despite higher gasoline prices. Twelve of 13 retail categories reported increases, boosted by back-to-school shopping. Sales were up by 1.2% beating the estimate of 0.8%. Bloomberg’s Michael McKee reports from Washington.
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