Retail Sales Improving

It’s not just the housing market that’s growing. Another important part of the economy, the retail sector, is also making gains. July saw a 0.8% climb in retail with improvement in all 13 categories taken into account by the Commerce Department. This is the first time across the board gains have been seen since 2005. Notable jumps were made in clothing stores (0.8%), general merchandise stores (0.7%), and health and personal care sales (1.1%).

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