July retail sales data from Commerce and NRF show gains

Commerce reported that July retail sales—at $536 billion—were up 1.2% compared to June and were up 2.7% annually. And total retail sales, from May through July, were down 0.2% annually. NRF’s July data, which excludes automobile dealers, gas stations, and restaurants in order to focus on core retail sales, pointed to a 1% seasonally adjusted gain over June and a 10% unadjusted annual increase.
Source: logistics Mgmt