us retail sales jump unexpectedlybus rep
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US retail sales jump unexpectedly bus rep

Arab Today, arab today

Arab Today, arab today US retail sales jump unexpectedly  bus rep

Washington - AFP

US retail sales rose by a better-than-expected 0.8 percent in July, breaking a three month losing streak and offering hope of faster growth in the third quarter, official data showed. Sales grew at the strongest pace since February as more goods were sold across all major sectors. Sales of autos, furniture, electronics, building materials, food and beverages and sporting goods all increased from June. Consumer spending accounts for around two-thirds of the US economy, with retail spending accounting for a large portion of that total. Jennifer Lee, an economist at BMO Capital Markets, described the Census Bureau report as "encouraging news from the US consumer." But, she added, "stronger growth is needed to ensure that this momentum continues." "It is certainly nice to get some good news on the US economy once in a while." Wall Street economists had expected sales to rise by a modest 0.2 percent. In a separate report, the Labor Department said wholesale prices of finished goods picked up in July after a four-month decline. The index was up 0.3 percent from the previous month and just 0.5 percent from a year ago.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us retail sales jump unexpectedlybus rep us retail sales jump unexpectedlybus rep

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us retail sales jump unexpectedlybus rep us retail sales jump unexpectedlybus rep

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday