Indicators
US Retail Sales Beat Forecasts in Sign of Solid Summer Spending
US retail sales rose in August for a third month in a broad advance, rounding out a summer of resilient spending.
The value of retail purchases, not adjusted for inflation, increased 0.6% after a similar gain in July, Commerce Department data showed Tuesday. That beat all estimates in a Bloomberg survey of economists. Excluding cars, sales climbed 0.7%.