Pursuits
U.S. Economy: Retail Sales Climbed in August for a Second Month
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Sales at U.S. retailers climbed in August for a second consecutive month, allaying concern the economy will stumble in the second half of the year.
Purchases increased 0.4 percent following a 0.3 percent gain in July, Commerce Department figures showed today in Washington. Sales excluding automobiles advanced 0.6 percent, twice as much as the median forecast of economists surveyed by Bloomberg News.