Pursuits
Retail Sales Probably Climbed in July: U.S. Economy Preview
This article is for subscribers only.
Retail sales probably rose for a fourth consecutive month in July, showing the U.S. economy is breaking free of the effects of higher taxes and budget cuts, economists said before reports this week.
Purchases climbed 0.3 percent after a 0.4 percent advance in June, according to the median forecast of 64 economists surveyed by Bloomberg before Commerce Department figures on Aug.