U.S. Retail Sales Rise in July by Most in 4 Months

Aug. 12 (Bloomberg) -- Retail sales in the U.S. climbed 0.5 percent in July, the most in four months, following a 0.3 percent increase June that was larger than previously estimated, the Commerce Department said today. Excluding auto sales, purchases rose more than projected. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)