Economics
Retail Sales in U.S. Rise as Consumers Unshaken by Turmoil
Retail Reality Check Enough to Stop Fed Rate Hike?
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Retail sales in the U.S. climbed for a second straight month, a sign consumers may be looking past recent volatility in financial markets.
The 0.2 percent increase in August followed a 0.7 percent gain in July that was larger than previously reported, Commerce Department figures showed Tuesday in Washington. The median forecast of 84 economists surveyed by Bloomberg called for a 0.3 percent advance.